USDCAD is approaching our first resistance at 1.3742 (horizontal swing high resistance, 100% fibonacci extension, 61.8% fiboancci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.3367 (horizontal pullback support, 38.2% fibonacci retracment, 100% fibonacci extension). Stocahstic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.