Today we are seeing a nice setup on USDCAD as it is approaching our first resistance and we expect a drop below this level. We are also seeing a nice setup on USDX as it is approaching our first resistance where we expect a further drop below this level. Here are some of our nice calls previously:1. USDX reversed perfectly from our first resistance and is approaching our major support target: 
2. USDCHF dropped perfectly from our first resistance and is approaching 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.