Tanalys

NZD/USD Intraday: key resistance at 0.792.

Pivot: 0.792

Our preference: Short positions below 0.792 with targets @ 0.78 0.7765 in extension.

Alternative scenario: Above 0.792 look for further upside with 0.7945 0.7975 as targets.

Comment: The upward potential is likely to be limited by the resistance at 0.792. Prices are trading in a bearish channel.

Supports and resistances:

0.7975

0.7945

0.792

0.7885 Last

0.78

0.7765

0.7735

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