Today we are seeing a nice setup on EURGBP as it is approaching our first resistance where we are expecting a drop below that level. We are also seeing a nice setup on AUDCAD as it is approaching our first resistance which coincides with our short-term descending resistance line and Fibonacci retracement where we are expecting a drop to occur below that level.Here are some of our nice calls previously: 1. AUDNZD dropped perfectly from our first resistance and is approaching our major support target: 
2. USDCHF reversed nicely below our first resistance to hit our major support 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.