Today we are seeing a nice setup on USDCAD as it is approaching resistance which coincides with a Fibonacci retracement and extension. Stochastic is also approaching resistance where a reaction off this level might see a corresponding drop in price. We are also seeing a nice setup on NZDUSD as it is approaching resistance where we expect a drop below this level. Here are some of our nice calls previously: 1. GBPUSD reversed nicely below our first resistance and is approaching our major support target: 
2. AUDNZD reversed nicely below our first resistance before rising to test it again: 
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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.