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EURCAD approaching resistance, potential drop!

Short
Euro / Dollaro canadese (FX:EURCAD)  
easyMarkets Broker  
FX:EURCAD   Euro / Dollaro canadese
Trend Analysis Harmonic Patterns Chart Patterns EURCAD EUR CAD eurcadlong eurcadshort
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trendanalysis harmonicpatterns chartpattern eurcad eur cad eurcadlong eurcadshort
Price is approaching our first resistance (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support a (23.6% Fibonacci retracement). Stochastic is also approaching resistance.
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