NZD/USD profit target reached perfectly, time to start selling

The price shot up and reached our profit target perfectly yesterday. We now turn bearish below the 0.7240 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) for a drop to the 0.7176 support (Fibonacci retracement, horizontal overlap support).

Stochastic (21,5,3) is seeing strong resistance below the 92% level.

Sell below 0.7240. Stop loss at 0.7285. Take profit at 0.7176.

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