AUD/NZD intraday: the upside prevails as long as 1

AUD/NZD intraday: the upside prevails as long as 1.0770 is support

AUDNZD

Trading Central 2021-02-23 03:04:23

1.0770 is our pivot point.

Our preference: the upside prevails as long as 1.0770 is support.

Alternative scenario: below 1.0770, expect 1.0740 and 1.0720.

Comment: the RSI is above its neutrality area at 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 1.0786 and 1.0783).

Supports and resistances:

1.0880 **

1.0870 *

1.0850 **

1.0830

1.0795 last

1.0780

1.0770 **

Disclaimer

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