Tanalys

NZD/USD Intraday: intraday support around 0.778.

Pivot: 0.778

Our preference: Long positions above 0.778 with targets @ 0.7835 0.787 in extension.

Alternative scenario: Below 0.778 look for further downside with 0.776 0.7735 as targets.

Comment: A support base at 0.778 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

0.791

0.787

0.7835

0.7801 Last

0.778

0.776

0.7735

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