NZD/JPY intraday: above its upper Bollinger band

NZDJPY

Trading Central 2021-01-13 04:56:05

Our pivot point stands at 74.77.

Our preference: the upside prevails as long as 74.77 is support.

Alternative scenario: below 74.77, expect 74.55 and 74.43.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 74.81 and 74.77). Finally, the NZD/JPY has crossed above its upper Bollinger band (74.97).

Supports and resistances:

75.64 **

75.51 *

75.39 **

75.26

74.99 last

74.85

74.77 **

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