NZD/USD intraday: rebound towards 0.7233

NZDUSD

Trading Central 2021-01-14 07:50:09

Our pivot point stands at 0.7162.

Our preference: rebound towards 0.7233.

Alternative scenario: the downside breakout of 0.7162 would call for 0.7137 and 0.7122.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (0.7184) but under its 50 period moving average (0.7201).

Supports and resistances:

0.7263 **

0.7248 *

0.7233 **

0.7218

0.7187 last

0.7172

0.7162 **

Disclaimer

The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.