FX.co ★ NZD/USD profit target almost reached, remain bearish

Price has dropped perfectly towards our profit target from yesterday. We remain bearish looking to sell on strength below 0.7137 resistance (Fibonacci retracement, pullback resistance) for a further drop towards 0.7032.

RSI (34) remains below descending bearish resistance.

Sell below 0.7137. Stop loss at 0.7197. Take profit at 0.7032.