Tanalys

NZD/USD Intraday: key resistance at 0.635.

Pivot: 0.635

Our preference: Short positions below 0.635 with targets @ 0.624 0.6205 in extension.

Alternative scenario: Above 0.635 look for further upside with 0.64 0.643 as targets.

Comment: As long as the resistance at 0.635 is not surpassed, the risk of the break below 0.624 remains high.

Supports and resistances:

0.643 **

0.64 **

0.635 ***

0.6312 Last

0.624 **

0.6205 ***

0.618 **

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