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AUD/NZD remains bearish below major resistance.
1.0625 is a major resistance (graphical resistance + Fibonacci resistance + Bollinger band resistance) which we sell from.
Stochastics (21,5,3) is also turning down signalling a bearish move.
Trading Recommendations:
Sell at 1.0625.
Stop loss raised to 1.0665.
Take profit at 1.0545 and 1.0400.
The material has been provided by InstaForex Company - www.instaforex.com