theforexarmy

NZDUSD bearish channel exit, time to sell

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FX:NZDUSD   纽元/美元
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.
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