Today we are seeing a nice setup on USDCHF as it is approaching or first resistance which coincides with our Fibonacci retracement where we expect a drop to occur below this level. Stochastic is also seeing a bearish divergence in line with our bearish bias. We are also seeing a nice setup on CHFJPY where it is approaching our resistance where we are expecting a drop below that level.Here are some of our nice calls previously: 1. USDCAD reversed perfectly from our first resistance and is approaching our major support target: 
2. AUDNZD bounced perfectly up from our first support and it our intermediate resistance, a breakout above this level might provide the bearish acceleration to 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.