Tanalys

NZD/USD Intraday: key resistance at 0.86.

Pivot: 0.86

Our preference: Short positions below 0.86 with targets @ 0.8515 0.8475 in extension.

Alternative scenario: Above 0.86 look for further upside with 0.8635 0.8665 as targets.

Comment: As long as 0.86 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

0.8665

0.8635

0.86

0.8565 Last

0.8515

0.8475

0.8435

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