Tanalys

NZD/USD intraday: bullish bias above 0.8335.

Pivot: 0.8335

Our preference: Long positions above 0.8335 with targets @ 0.8415 0.844 in extension.

Alternative scenario: Below 0.8335 look for further downside with 0.829 0.8255 as targets.

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

Key levels

0.847

0.844

0.8415

0.8373 last

0.8335

0.829

0.8255

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