NZD/USD intraday: the downside prevails as long as

NZD/USD intraday: the downside prevails as long as 0.7210 is resistance

NZDUSD

Trading Central 2021-01-13 19:15:07

Our pivot point stands at 0.7210.

Our preference: the downside prevails as long as 0.7210 is resistance.

Alternative scenario: above 0.7210, look for 0.7235 and 0.7250.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.7216 and 0.7205).

Supports and resistances:

0.7250 **

0.7235 *

0.7210 **

0.7200

0.7186 last

0.7152

0.7137 **

Disclaimer

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