Tanalys

NZD/USD Intraday: key resistance at 0.7585.

Pivot: 0.7585

Our preference: Short positions below 0.7585 with targets @ 0.749 0.7435 in extension.

Alternative scenario: Above 0.7585 look for further upside with 0.7665 0.77 as targets.

Comment: As long as 0.7585 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.77 ***

0.7665 **

0.7585 ***

0.7538 Last

0.749 ***

0.7435 ***

0.741 ***

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