Tanalys

NZD/USD Intraday: bullish bias above 0.638.

Pivot: 0.638

Our preference: Long positions above 0.638 with targets @ 0.6450 0.6485 in extension.

Alternative scenario: Below 0.638 look for further downside with 0.6355 0.6320 as targets.

Comment: A support base at 0.638 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.651 **

0.6485 ***

0.6450 **

0.6398 Last

0.6380 ***

0.6355 **

0.6320 ***

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