8101657 11/10/2017 10:25 PM, NZD/USD Intraday: bullish bias above 0.6920.


Pivot: 0.6920


Our preference:

long positions above 0.6920 with targets at 0.6965 & 0.6980 in extension.


Alternative scenario:

below 0.6920 look for further downside with 0.6890 & 0.6870 as targets.


Comment:

the RSI has just broken above a declining trend line. The pair is trading in a bullish channel.


Supports and resistances:


0.7000

0.6980

0.6965


0.6950

Last

0.6920

0.6890

0.6870