Tanalys

NZD/USD Intraday: bullish bias above 0.843.

Pivot: 0.843

Our preference: Long positions above 0.843 with targets @ 0.852 0.8545 in extension.

Alternative scenario: Below 0.843 look for further downside with 0.84 0.837 as targets.

Comment: a support base at 0.843 has formed and has allowed for a temporary stabilisation. The pair is supported by a rising trend line.

Supports and resistances:

0.859

0.8545

0.852

0.8461 Last

0.843

0.84

0.837

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