Tanalys

NZD/USD Intraday: bullish bias above 0.785.

Pivot: 0.785

Our preference: Long positions above 0.785 with targets @ 0.792 0.7975 in extension.

Alternative scenario: Below 0.785 look for further downside with 0.78 0.776 as targets.

Comment: The RSI has just broken above a declining trend line.

Supports and resistances:

0.805

0.7975

0.792

0.7902 Last

0.785

0.78

0.776

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