Tanalys

NZD/USD intraday: key resistance at 0.789.

Pivot: 0.789

Our preference: Short positions below 0.789 with targets @ 0.7775 0.773 in extension.

Alternative scenario: Above 0.789 look for further upside with 0.797 0.801 as targets.

Comment: as long as 0.789 is resistance, look for choppy price action with a bearish bias.

Key levels

0.801

0.797

0.789

0.78447 last

0.7775

0.773

0.7685

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