Tanalys

NZD/USD Intraday: bullish bias above 0.869.

Pivot: 0.869

Our preference: Long positions above 0.869 with targets @ 0.875 0.878 in extension.

Alternative scenario: Below 0.869 look for further downside with 0.866 0.8645 as targets.

Comment: The immediate trend remains up and the momentum is strong. The ascending 20 and 50-periods moving averages maintain a bullish bias.

Supports and resistances:

0.882

0.878

0.875

0.8729 Last

0.869

0.866

0.8645

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