Tanalys

NZD/USD Intraday: key resistance at 0.703.

Pivot: 0.703

Our preference: Short positions below 0.703 with targets @ 0.69 0.685 in extension.

Alternative scenario: Above 0.703 look for further upside with 0.708 0.716 as targets.

Comment: As long as 0.703 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.716 **

0.708 ***

0.703 ***

0.6986 Last

0.69 **

0.685 ***

0.676 *

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