Tanalys

NZD/USD Intraday: bullish bias above 0.751.

Pivot: 0.751

Our preference: Long positions above 0.751 with targets @ 0.7595 0.762 in extension.

Alternative scenario: Below 0.751 look for further downside with 0.7485 0.746 as targets.

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

Supports and resistances:

0.7665 ***

0.762 ***

0.7595 ***

0.7536 Last

0.751 **

0.7485 **

0.746 **

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