Tanalys

NZD/USD intraday: intraday support around 0.7805.

Pivot: 0.7805

Our preference: Long positions above 0.7805 with targets @ 0.789 0.7945 in extension.

Alternative scenario: Below 0.7805 look for further downside with 0.776 0.7715 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Key levels

0.8

0.7945

0.789

0.78282 last

0.7805

0.776

0.7715

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