Tanalys

NZD/USD Intraday: intraday support around 0.854.

NZD/USD Intraday: intraday support around 0.854.

Pivot: 0.854

Our preference: Long positions above 0.854 with targets @ 0.858 0.8595 in extension.

Alternative scenario: Below 0.854 look for further downside with 0.852 0.8485 as targets.

Comment: The RSI lacks downward momentum. The pair has broken above a declining trend line.

Supports and resistances:

0.862

0.8595

0.858

0.8547 Last

0.854

0.852

0.8485

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