NZD/USD intraday: as long as 0.7281 is support loo

NZD/USD intraday: as long as 0.7281 is support look for 0.7363

NZDUSD

Trading Central 2021-02-22 19:22:14

Our pivot point stands at 0.7281.

Our preference: as long as 0.7281 is support look for 0.7363.

Alternative scenario: the downside breakout of 0.7281 would call for 0.7254 and 0.7238.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.7306 and 0.7299).

Supports and resistances:

0.7395 **

0.7379 *

0.7363 **

0.7347

0.7313 last

0.7291

0.7281 **

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.