NZD/USD remains bearish

The NZD/USD pair remains bearish below 0.7143 resistance (Fibonacci retracement, horizontal resistance). We expect a drop to at least 0.7045 (Fibonacci retracement, Fibonacci projection, horizontal overlap support).

Stochastic (21,5,3) is seeing strong resistance at 95%.

Sell below 0.7143. Set stop loss at 0.7178 and take profit at 0.7045.

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

AUD/JPY remains bearish

Price is approaching our selling area as expected. We remain bearish below 86.08 resistance (Fibonacci retracement, recent swing high resistance, Fibonacci projection), expecting a push down to 85.04 support in the short term.

Stochastic (21,5,3) is seeing major resistance at 91%.

Sell below 86.08. Set stop loss at 86.44 and take profit at 85.04.

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