We turn bearish below major resistance at 0.7246 (Fibonacci retracement, Fibonacci projection) and we expect a drop from here towards 0.7175.

RSI (34) is seeing major resistance at 67% where our previous major reversal occurred.

Sell below 0.7246. Stop loss at 0.7266. Take profit at 0.7171

analytics5819ac62bca52.png

.The material has been provided by InstaForex Company – www.instaforex.com

The post NZD/USD at major resistance, time to sell appeared first on forex-analytics.press.