Tanalys

NZD/USD intraday: key resistance at 0.7835.

Pivot: 0.7835

Our preference: Short positions below 0.7835 with targets @ 0.775 0.77 in extension.

Alternative scenario: Above 0.7835 look for further upside with 0.786 0.79 as targets.

Comment: as long as 0.7835 is resistance, look for choppy price action with a bearish bias.

Key levels

0.79

0.786

0.7835

0.77945 last

0.775

0.77

0.764

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