8103504 11/13/2017 8:46 AM, NZD/USD ST: under pressure.


Pivot: 0.7200


Our preference:

short positions below 0.7200 with targets at 0.6810 & 0.6670 in extension.


Alternative scenario:

above 0.7200 look for further upside with 0.7360 & 0.7560 as targets.


Comment:

even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.


Supports and resistances:


0.7560 **

0.7360 *

0.7200 ***


0.6920

Last

0.6810 ***

0.6670 *

0.6560 *