Tanalys

NZD/USD intraday: key resistance at 0.8475.

Pivot: 0.8475

Our preference: Short positions below 0.8475 with targets @ 0.837 0.8335 in extension.

Alternative scenario: Above 0.8475 look for further upside with 0.851 0.856 as targets.

Comment: as long as 0.8475 is resistance, look for choppy price action with a bearish bias.

Key levels

0.856

0.851

0.8475

0.84195 last

0.837

0.8335

0.8295

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