Today we are seeing a nice setup on USDJPY as it is testing our resistance where we expect a drop belwo this level. We are also seeing a nice setup on GBPJPY as it is testing our first support where we are expecting a bounce above this level. Here are some of our nice calls previously:1. EURJPY dropped perfectly from our first resistance to hit our major support target: 
2. EURAUD dropped perfectly from our first resistance to hit our major support target: 
3. USDCAD bounced perfectly up to hit 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.