Tanalys

NZD/USD intraday: bullish bias above 0.804.

Pivot: 0.804

Our preference: Long positions above 0.804 with targets @ 0.8125 0.817 in extension.

Alternative scenario: Below 0.804 look for further downside with 0.8005 0.796 as targets.

Comment: a support base at 0.804 has formed and has allowed for a temporary stabilisation.

Key levels

0.821

0.817

0.8125

0.8068 last

0.804

0.8005

0.796

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