Tanalys

NZD/USD ST: key resistance at 0.678.

Pivot: 0.678

Our preference: Short positions below 0.678 with targets @ 0.62 0.584 in extension.

Alternative scenario: Above 0.678 look for further upside with 0.698 0.72 as targets.

Comment: As long as 0.678 is resistance, likely decline to 0.62.

Supports and resistances:

0.72 ***

0.698 **

0.678 ***

0.6690 Last

0.62 **

0.584 *

0.55 **

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