Tanalys

NZD/USD Intraday: key resistance at 0.649.

Pivot: 0.649

Our preference: short positions below 0.649 with targets @ 0.638 0.6335 in extension.

Alternative scenario: above 0.649 look for further upside with 0.654 0.658 as targets.

Comment: as long as the resistance at 0.649 is not surpassed, the risk of the break below 0.638 remains high.

Supports and resistances:

0.658 ***

0.654 ***

0.649 ***

0.6438 Last

0.638 ***

0.6335 ***

0.6305 **

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