Tanalys

NZD/USD Intraday: key resistance at 0.659.

Pivot: 0.659

Our preference: Short positions below 0.659 with targets @ 0.65 0.6475 in extension.

Alternative scenario: Above 0.659 look for further upside with 0.6645 0.6705 as targets.

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

Supports and resistances:

0.6705 ***

0.6645 **

0.659 **

0.6558 Last

0.65 ***

0.6475 **

0.6445 ***

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