Tanalys

NZD/USD Intraday: key resistance at 0.858.

Pivot: 0.858

Our preference: Short positions below 0.858 with targets @ 0.851 0.848 in extension.

Alternative scenario: Above 0.858 look for further upside with 0.861 0.8635 as targets.

Comment: As long as 0.858 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.8635

0.861

0.858

0.8549 Last

0.851

0.848

0.8435

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