Tanalys

NZD/USD Intraday: bullish bias above 0.8675.

NZD/USD Intraday: bullish bias above 0.8675.

Pivot: 0.8675

Our preference: Long positions above 0.8675 with targets @ 0.875 0.8775 in extension.

Alternative scenario: Below 0.8675 look for further downside with 0.8635 0.86 as targets.

Comment: The RSI has just landed on a support around 30% and is reversing up.

Supports and resistances:

0.88

0.8775

0.875

0.8689 Last

0.8675

0.8635

0.86

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