Tanalys

NZD/USD Intraday: key resistance at 0.636.

Pivot: 0.636

Our preference: Short positions below 0.636 with targets @ 0.629 0.626 in extension.

Alternative scenario: Above 0.636 look for further upside with 0.638 0.6415 as targets.

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

Supports and resistances:

0.6415 **

0.638 **

0.636 ***

0.6325 Last

0.629 ***

0.626 ***

0.624 ***

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