1. Today we are seeing a nice setup on AUDNZD as it is approaching or first resistance which coincides with our Fibonacci retracement and Fibonacci extension where we expect a drop to occur below this level. Stochastic is also approaching support where we might see a potential drop in price should it react off this level. We are also seeing a nice setup on AUDUSD where it is approaching its resistance and we expect a drop below this level.
Here are some of our nice calls previously:
USDCHF dropped perfectly from our first resistance to hit our major support target: