Tanalys

NZD/USD intraday: bullish bias above 0.8415.

Pivot: 0.8415

Our preference: Long positions above 0.8415 with targets @ 0.8525 0.8555 in extension.

Alternative scenario: Below 0.8415 look for further downside with 0.834 0.8305 as targets.

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

Key levels

0.858

0.8555

0.8525

0.84696 last

0.8415

0.834

0.8305

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