NZD/JPY intraday: the upside prevails as long as 86.65 is support
Our pivot point stands at 86.65.
Our preference: the upside prevails as long as 86.65 is support.
Alternative scenario: below 86.65, expect 86.44 and 86.32.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 86.76 and 86.75).
Supports and resistances:
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