theforexarmy
Short

NZDUSD bearish channel exit, time to sell

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
Price has made a bearish channel exit triggering so we look to sell below major resistance at 0.7107 ( Fibonacci retracement , pullback resistance) for a push down to 0.6956.
RSI (34) is below long term descending resistance line.
Stochastics (21,5,3) is below descending resistance line too.
Agree,,like and hope..gone short..cheers and good luck.ron
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