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NZD/USD intraday: as long as 0.5939 is support look for 0.5992
2024-04-26
378
0.5939 is our pivot point.
Our preference: as long as 0.5939 is support look for 0.5992.
Alternative scenario: the downside breakout of 0.5939 would call for 0.5919 and 0.5907.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is below its 20 period moving average (0.5955) but above its 50 period moving average (0.5950).
Supports and resistances:
0.6015 **
0.6003 *
0.5992 **
0.5980
0.5955 last
0.5947
0.5939 **
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