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

NZD/USD intraday: the upside prevails as long as 0.7178 is support

NZDUSD

Trading Central 2021-01-13 03:10:08

0.7178 is our pivot point.

Our preference: the upside prevails as long as 0.7178 is support.

Alternative scenario: the downside breakout of 0.7178 would call for 0.7153 and 0.7138.

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 0.7181 and 0.7175).

Supports and resistances:

0.7278 **

0.7263 *

0.7248 **

0.7233

0.7202 last

0.7188

0.7178 **

Disclaimer

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