Today we are seeing a nice setup on CADJPY as it is approaching our resistance which coincides with a Fibonacci retracement and Fibonacci extension where we expect a drop in price. We are also seeing a nice setup on NZDUSD as it is approaching our first resistance where we expect a drop in price. Stochastic (55,5,3) is also reacting off our resistance and we might see a corresponding drop in price. Yesterday, we caught the bounce on GBPJPY and it is approaching our major resistance: GBPJPY-2.png