7853328 9/7/2017 2:26 PM, NZD/USD Intraday: the downside prevails.


Pivot: 0.7225


Our preference:

short positions below 0.7225 with targets at 0.7155 & 0.7130 in extension.


Alternative scenario:

above 0.7225 look for further upside with 0.7240 & 0.7265 as targets.


Comment:

the upward potential is likely to be limited by the resistance at 0.7225.


Supports and resistances:


0.7265 **

0.7240 ***

0.7225 **


0.7185

Last

0.7155 ***

0.7130 ***

0.7105 **