8083605 11/7/2017 7:41 PM, NZD/USD Intraday: intraday support around 0.6905.


Pivot: 0.6905


Our preference:

long positions above 0.6905 with targets at 0.6955 & 0.6990 in extension.


Alternative scenario:

below 0.6905 look for further downside with 0.6870 & 0.6850 as targets.


Comment:

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


Supports and resistances:


0.7010

0.6990

0.6955


0.6917

Last

0.6905

0.6870

0.6850