NZD/USD at major resistance, time to sell

We turn bearish below major resistance at 0.7246 (Fibonacci retracement, Fibonacci projection) and we expect a drop from here towards 0.7175.

RSI (34) is seeing major resistance at 67% where our previous major reversal occurred.

Sell below 0.7246. Stop loss at 0.7266. Take profit at 0.7171

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

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