Tanalys

NZD/USD Intraday: bullish bias above 0.681.

Pivot: 0.681

Our preference: Long positions above 0.681 with targets @ 0.688 0.6895 in extension.

Alternative scenario: Below 0.681 look for further downside with 0.6785 0.675 as targets.

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

Supports and resistances:

0.692 **

0.6895 **

0.688 ***

0.6840 Last

0.681 *

0.6785 **

0.675 *

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