Tanalys

NZD/USD Intraday: bullish bias above 0.86.

Pivot: 0.86

Our preference: Long positions above 0.86 with targets @ 0.8665 0.869 in extension.

Alternative scenario: Below 0.86 look for further downside with 0.857 0.854 as targets.

Comment: A support base at 0.86 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.8705

0.869

0.8665

0.8646 Last

0.86

0.857

0.854

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