Tanalys

NZD/USD Intraday: bullish bias above 0.7945.

Pivot: 0.7945

Our preference: Long positions above 0.7945 with targets @ 0.8015 0.805 in extension.

Alternative scenario: Below 0.7945 look for further downside with 0.791 0.788 as targets.

Comment: The RSI lacks downward momentum. The pair remains supported by a rising trend line.

Supports and resistances:

0.8095

0.805

0.8015

0.7968 Last

0.7945

0.791

0.788

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