NZD/USD profit target almost reached, prepare to sell

Price is fast approaching our profit target from yesterday. We prepare to sell on strength below major resistance at 0.7306 (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) for a push back down to 0.7255 support (Fibonacci retracement, Fibonacci extension, horizontal swing low support). Stochastic (34,5,3) is seeing strong resistance below 93% where we expect a […]