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CADJPY Reversed Off Resistance, Potential For Further Drop

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CADJPY reversed off its resistance at 80.67 (100% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap resistance) where it could potentially drop further to its support at 78.30 (horizontal swing low support).

Stochastic (21, 5, 3) reversed off near its resistance at 94% where a corresponding drop could occur.

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