NZD/USD intraday: the upside prevails as long as 0

NZD/USD intraday: the upside prevails as long as 0.7174 is support

NZDUSD

Trading Central 2021-01-13 03:05:05

Our pivot point is at 0.7174.

Our preference: the upside prevails as long as 0.7174 is support.

Alternative scenario: the downside breakout of 0.7174 would call for 0.7149 and 0.7134.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.7180 and 0.7174).

Supports and resistances:

0.7279 **

0.7264 *

0.7249 **

0.7234

0.7200 last

0.7184

0.7174 **

Disclaimer

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