7866872 9/12/2017 10:40 AM, NZD/USD Intraday: turning down.


Pivot: 0.7265


Our preference:

short @ 0.7230 with targets @ 0.7200 & 0.7175 in extension.


Alternative scenario:

above 0.7265 look for further upside with 0.7295 & 0.7320 as targets.


Comment:

the RSI shows downside momentum. Pair has formed a bearish pattern of lower highs.


Supports and resistances:


0.7320 ***

0.7295 **

0.7265 **


0.7229

Last

0.7200 ***

0.7175 ***

0.7155 ***