NZD/USD dropping nicely, remain bearish

The price has tested our major resistance area and is dropping nicely. We remain bearish looking to sell below major resistance at 0.7055 (Fibonacci retracement, horizontal overlap resistance, resistance area) and we’re expecting a drop from this level towards 0.6822 support (Fibonacci retracement, horizontal swing low support. Stochastic (34,3,1) is seeing resistance at our 97% […]