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NZD/JPY intraday: the upside prevails as long as 90.63 is support
2024-03-25
96
Our pivot point stands at 90.63.
Our preference: the upside prevails as long as 90.63 is support.
Alternative scenario: the downside breakout of 90.63 would call for 90.39 and 90.24.
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 90.75 and 90.78).
Supports and resistances:
91.60 **
91.46 *
91.31 **
91.17
90.83 last
90.73
90.63 **
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