8078237 11/6/2017 5:21 PM, NZD/USD Intraday: the downside prevails.


Pivot: 0.6915


Our preference:

short positions below 0.6915 with targets at 0.6850 & 0.6830 in extension.


Alternative scenario:

above 0.6915 look for further upside with 0.6950 & 0.6970 as targets.


Comment:

as long as 0.6915 is resistance, look for choppy price action with a bearish bias.


Supports and resistances:


0.6970

0.6950

0.6915


0.6891

Last

0.6850

0.6830

0.6800