Tanalys

NZD/USD intraday: supported by a rising trend line.

Pivot: 0.86

Our preference: Long positions above 0.86 with targets @ 0.868 0.871 in extension.

Alternative scenario: Below 0.86 look for further downside with 0.857 0.8535 as targets.

Comment: the pair is facing a pull back on its rising trend line, the RSI lacks downward momentum.

Key levels

0.8745

0.871

0.868

0.86225 last

0.86

0.857

0.8535

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