7761098 8/14/2017 8:28 AM, NZD/USD ST: bullish bias above 0.7195.


Pivot: 0.7195


Our preference:

long positions above 0.7195 with targets at 0.7620 & 0.7750 in extension.


Alternative scenario:

below 0.7195 look for further downside with 0.7080 & 0.6950 as targets.


Comment:

a support base at 0.7195 has formed and has allowed for a temporary stabilisation.


Supports and resistances:


0.7940 ***

0.7750 ***

0.7620 ***


0.7318

Last

0.7195 ***

0.7080 ***

0.6950 **