AUD/NZD profit target reached again, time to start selling

Price reached our profit target perfectly from yesterday again. We are ready to sell at major resistance at 1.0700 (Fibonacci projection, Fibonacci retracement) for a drop to 1.0575.

RSI (34) is below the long-term descending resistance line.

Sell below 1.0700. Stop loss at 1.0750. Take profit at 1.0575.

The material has been provided by InstaForex Company - www.instaforex.com

From www.instaforex.com http://ift.tt/2dRf4Nx