NZD/USD 4H/DAILY ANALYSIS

NZDUSD PRICE REACHED MAJOR RESISTANCE ON DAILY TIME FRAME TRIGGERING SELL OPPORTUNITY.
USING FIBONACCI RETRACEMENT, I EXPECTED PRICE TO RETRACE TO 0.618 LEVEL WHICH WAS OUR PREVIOUS RESISTANCE/TRENDLINE.
PRICE HAS CONTINUED PASSED THAT LEVEL, SETTING MY NEW TARGET FOR APROX. 0.716 WHICH IS PREVIOUS LEVEL OF SUPPORT/TRENDLINE.