Tanalys

NZD/USD Intraday: bullish bias above 0.6565.

Pivot: 0.6565

Our preference: Long positions above 0.6565 with targets @ 0.6615 0.6655 in extension.

Alternative scenario: Below 0.6565 look for further downside with 0.653 0.65 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

0.669 ***

0.6655 **

0.6615 ***

0.6587 Last

0.6565 ***

0.653 **

0.65 ***

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