Tanalys

NZD/USD intraday: intraday support around 0.807.

Pivot: 0.807

Our preference: Long positions above 0.807 with targets @ 0.816 0.821 in extension.

Alternative scenario: Below 0.807 look for further downside with 0.803 0.8 as targets.

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

Key levels

0.825

0.821

0.816

0.8111 last

0.807

0.803

0.8

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