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

Price made a strong push up and is now at major resistance at 0.7345 (Fibonacci retracement, Fibonacci projection, horizontal resistance) from where we expect a strong drop towards 0.7190.

RSI (34) is also at major resistance where the previous major reversal occurred.

Sell below 0.7345. Place stop loss at 0.7375 and take profit at 0.7190.