Today we are seeing a nice setup on XAUUSD as it is testing our first resistance which coincides with our short-term descending resistance line where we expect price to drop below this level to our major support. RSI is also seeing a bearish exit in line with our bearish bias. We are also seeing a nice setup on GBPJPY as it is testing our support where we expect a bounce above this level. Stochastic is also seeing a bullish divergence and is approaching support where we might see a corresponding rise in price should it bounce off this level.
Yesterday, we caught the drop CADJPY as it dropped further and is well on its way to our major support target: 
NZDUSD also dropped nicely from our first resistance and is approaching our major support target:
AUDJPY also dropped nicely from 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.