Tanalys

NZD/USD Intraday: bullish bias above 0.859.

Pivot: 0.859

Our preference: Long positions above 0.859 with targets @ 0.864 0.8665 in extension.

Alternative scenario: Below 0.859 look for further downside with 0.857 0.854 as targets.

Comment: A support base at 0.859 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.869

0.8665

0.864

0.8631 Last

0.859

0.857

0.854

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