Today we are seeing a nice setup on AUDNZD as it is testing our first resistance where we are expecting a drop below that level. Stochastic is also testing our resistance where a reaction off that level might see a corresponding drop in price. We are also seeing a nice setup on USDCAD as it is approaching resistance where we are expecting a drop below that level. Here are some of our nice calls previously: 1. USDCHF bounced nicely above our first support and is approaching our major resistance target: 
2. NZDUSD dropped perfectly from our first resistance to hit our major support target: 
3. AUDNZD bounced perfectly up from our first support to hit our major resistance target: 
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Desmond Leong runs an award-winning research firm (The Technical Analyst finalists 2018/19/20 for Best FX and Equity Research) advising banks, brokers and hedge funds. Backed by a team of CFA, CMT, CFTe accredited traders, he takes on the market daily using a combination of technical and fundamental analysis.