EURCAD approaching support, watch for breakout of support!

EURCAD broke out of our ascending support line and is approaching our first support at 1.5195 (horizontal overlap support) and a strong drop might occur below this level pushing price down to our major support at 1.4991 (horizontal swing overlap support, 100% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also reacting off resistance where we might see a corresponding drop in price.
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