Tanalys

NZD/USD Intraday: bullish bias above 0.849.

Pivot: 0.849

Our preference: Long positions above 0.849 with targets @ 0.856 0.8585 in extension.

Alternative scenario: Below 0.849 look for further downside with 0.846 0.843 as targets.

Comment: The RSI is mixed with a bullish bias. Prices broke above a declining trend line.

Supports and resistances:

0.8625

0.8585

0.856

0.852 Last

0.849

0.846

0.843

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