Tanalys

NZD/USD Intraday: bullish bias above 0.834.

Pivot: 0.834

Our preference: Long positions above 0.834 with targets @ 0.8445 0.8475 in extension.

Alternative scenario: Below 0.834 look for further downside with 0.83 0.8265 as targets.

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

Supports and resistances:

0.852

0.8475

0.8445

0.8377 Last

0.834

0.83

0.8265

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version