NZD/USD intraday: the upside prevails as long as 0.5912 is support
Our pivot point stands at 0.5912.
Our preference: the upside prevails as long as 0.5912 is support.
Alternative scenario: the downside breakout of 0.5912 would call for 0.5894 and 0.5882.
Comment: the RSI is above 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 0.5921 and 0.5912).
Supports and resistances:
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