AUD/NZD ST: the upside prevails as long as 1.0640

AUD/NZD ST: the upside prevails as long as 1.0640 is support

AUDNZD

Trading Central 2021-02-23 17:42:05

1.0640 is our pivot point.

Our preference: the upside prevails as long as 1.0640 is support.

Alternative scenario: the downside breakout of 1.0640 would call for 1.0440 and 1.0320.

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 1.0695 and 1.0706).

Supports and resistances:

1.1420 **

1.1300 *

1.1180 **

1.1060

1.0794 last

1.0710

1.0640 **

Disclaimer

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