7866140 9/12/2017 6:46 AM, NZD/USD Intraday: bullish bias above 0.7240.


Pivot: 0.7240


Our preference:

long positions above 0.7240 with targets at 0.7275 & 0.7295 in extension.


Alternative scenario:

below 0.7240 look for further downside with 0.7220 & 0.7200 as targets.


Comment:

a support base at 0.7240 has formed and has allowed for a temporary stabilisation.


Supports and resistances:


0.7320 ***

0.7295 **

0.7275 **


0.7259

Last

0.7240 ***

0.7220 ***

0.7200 ***