Tanalys

NZD/USD Intraday: intraday support around 0.8575.

Pivot: 0.8575

Our preference: Long positions above 0.8575 with targets @ 0.862 0.865 in extension.

Alternative scenario: Below 0.8575 look for further downside with 0.855 0.8515 as targets.

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

Supports and resistances:

0.869

0.865

0.862

0.8595 Last

0.8575

0.855

0.8515

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