Tanalys

NZD/USD intraday: key resistance at 0.8.

Pivot: 0.8

Our preference: Short positions below 0.8 with targets @ 0.788 0.784 in extension.

Alternative scenario: Above 0.8 look for further upside with 0.8055 0.81 as targets.

Comment: as long as 0.8 is resistance, look for choppy price action with a bearish bias.

Key levels

0.81

0.8055

0.8

0.79758 last

0.788

0.784

0.781

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