FX.co ★ NZD/USD exited the bearish channel, time to sell

The price has exited the bearish channel so we are waiting for selling opportunities below the 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.

Sell below 0.7107. Place take profit at 0.6956 and stop loss at 0.7209.