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NZDUSD testing resistance, time to go short

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
MEX_Exchange  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns NZDUSD nzdusdshort nzdusdlong nzdusdtrade nzdusddaily nzdusdsell nzdusdbreakout Forex forextrading
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trendanalysis harmonicpatterns chartpattern nzdusd nzdusdshort nzdusdlong nzdusdtrade nzdusddaily nzdusdsell nzdusdbreakout forex forextrading
Sell below 0.7055. Stop loss at 0.7181. Take profit at 0.6822.
Reason for the trading strategy (technically):
Price is now starting to test major resistance at 0.7055 (Fibonacci retracement, horizontal overlap resistance) and we expect a strong reaction off this level to push price down to at least 0.6822 support (Fibonacci extension, horizontal swing low support).
Stochastic (34,3,1) is seeing major resistance below 97% and we expect a strong drop from here.

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