7752113 8/10/2017 8:53 AM, NZD/USD Intraday: bullish bias above 0.7320.


Pivot: 0.7320


Our preference:

long positions above 0.7320 with targets at 0.7370 & 0.7390 in extension.


Alternative scenario:

below 0.7320 look for further downside with 0.7300 & 0.7270 as targets.


Comment:

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


Supports and resistances:


0.7415 ***

0.7390 ***

0.7370 **


0.7341

Last

0.7320 **

0.7300 ***

0.7270 ***