Tanalys

NZD/USD Intraday: key resistance at 0.7885.

Pivot: 0.7885

Our preference: Short positions below 0.7885 with targets @ 0.782 0.779 in extension.

Alternative scenario: Above 0.7885 look for further upside with 0.792 0.7945 as targets.

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

Supports and resistances:

0.7945

0.792

0.7885

0.7846 Last

0.782

0.779

0.7765

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