MEX_Exchange

NZDUSD approaching selling area, remain bearish

做空
FX:NZDUSD   纽元/美元

Sell below 0.7244. Stop loss at 0.7300. Take profit at 0.7178.
Reason for the trading strategy (technically):
Price is once again rising and reaching our selling area. We prepare to sell below major resistance at 0.7244 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) for a push down to at least 0.7178 support (Fibonacci extension, horizontal swing low support) once again.
Stochastic (21,3,1) is seeing strong resistance at 95% where we expect a drop from.
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