FX.co ★ AUD/NZD right at major resistance, time to start selling

Price is now on major resistanceat 1.0475 (horizontal overlap resistance, Fibonacci retracement, Fibonacci projection) where we expect a reaction from and a drop to 1.0340.

Stochastics (21,3,3) is right on resistance at 91% too where we expect a similar bearish reaction from.

Sell below 1.0500. Stop loss at 1.0535. Take profit at 1.0340.