8094011 11/9/2017 4:00 PM, NZD/USD Intraday: bullish bias above 0.6940.


Pivot: 0.6940


Our preference:

long positions above 0.6940 with targets at 0.6975 & 0.7000 in extension.


Alternative scenario:

below 0.6940 look for further downside with 0.6915 & 0.6905 as targets.


Comment:

the break above 0.6940 is a positive signal that has opened a path to 0.6975. The pair is trading in a bullish channel.


Supports and resistances:


0.7025

0.7000

0.6975


0.6967

Last

0.6940

0.6915

0.6905