Tanalys

NZD/USD intraday: continuation of the rebound.

Pivot: 0.848

Our preference: Long positions above 0.848 with targets @ 0.8535 0.856 in extension.

Alternative scenario: Below 0.848 look for further downside with 0.8455 0.8435 as targets.

Comment: the RSI is bullish and calls for further advance.

Key levels

0.8585

0.856

0.8535

0.8513 last

0.848

0.8455

0.8435

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