Tanalys

NZD/USD Intraday: bullish bias above 0.79.

Pivot: 0.79

Our preference: Long positions above 0.79 with targets @ 0.8 0.805 in extension.

Alternative scenario: Below 0.79 look for further downside with 0.784 0.7785 as targets.

Comment: The RSI lacks downward momentum. The pair keeps challenging the resistance at 0.8.

Supports and resistances:

0.8095

0.805

0.8

0.7986 Last

0.79

0.784

0.7785

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