Tanalys

NZD/USD ST: turning down.

Pivot: 0.775

Our preference: Short positions below 0.775 with targets @ 0.717 0.695 in extension.

Alternative scenario: Above 0.775 look for further upside with 0.804 0.825 as targets.

Comment: The pair has broken below its support and remains under pressure.

Supports and resistances:

0.825

0.804

0.775

0.7330 Last

0.717

0.695

0.68

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