Tanalys

NZD/USD Intraday: intraday support around 0.857.

Pivot: 0.857

Our preference: Long positions above 0.857 with targets @ 0.861 0.8635 in extension.

Alternative scenario: Below 0.857 look for further downside with 0.853 0.851 as targets.

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

Supports and resistances:

0.8675

0.8635

0.861

0.8587 Last

0.857

0.853

0.851

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