Tanalys

NZD/USD MT: rebound.

Pivot: 0.839

Our preference: Long positions above 0.839 with targets @ 0.86 0.878 in extension.

Alternative scenario: Below 0.839 look for further downside with 0.824 0.805 as targets.

Comment: The pair is rebounding above its support as the RSI is well directed.

Supports and resistances:

0.9

0.878

0.86

0.8556 Last

0.839

0.824

0.805

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