Tanalys

NZD/USD Intraday: bullish bias above 0.762.

Pivot: 0.762

Our preference: Long positions above 0.762 with targets @ 0.774 0.779 in extension.

Alternative scenario: Below 0.762 look for further downside with 0.7575 0.754 as targets.

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

Supports and resistances:

0.7855 ***

0.779 **

0.774 **

0.7656 Last

0.762 ***

0.7575 **

0.754 ***

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