USDCAD approaching resistance, potential drop!

Price is approaching our first resistance at 1.3261 (horizontal overlap resistance, 50% Fibonacci retracement) where a strong reaction might occur below this level pushing price down to our major support at 1.3056 (horizontal pullback support, 38.2% Fibonacci retracement, short term ascending support line). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
RSI (21) is also seeing a bearish exit and we might see a corresponding drop in price should it react off this level.
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