Tanalys

NZD/USD intraday: intraday support around 0.843.

Pivot: 0.843

Our preference: Long positions above 0.843 with targets @ 0.8525 0.8555 in extension.

Alternative scenario: Below 0.843 look for further downside with 0.8395 0.834 as targets.

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

Key levels

0.858

0.8555

0.8525

0.8458 last

0.843

0.8395

0.834

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