NZD/USD intraday: the bias remains bullish.
26-May-11
07:24
Pivot: 0.801
Our preference: Long positions above 0.801 with targets @ 0.8085 & 0.8125 in extension.
Alternative scenario: Below 0.801 look for further downside with 0.794 & 0.79 as targets.
Comment: the pair is accelerating on the upside following the breakout of its former resistance.
Key levels
0.817
0.8125
0.8085
0.8074 last
0.801
0.794
0.79
Ticker: NZD
