NZD/USD intraday: the upside prevails as long as 0.5830 is support
Our pivot point stands at 0.5830.
Our preference: the upside prevails as long as 0.5830 is support.
Alternative scenario: the downside breakout of 0.5830 would call for 0.5810 and 0.5797.
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 0.5836 and 0.5828).
Supports and resistances:
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