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NZD/JPY intraday: rebound towards 91.40

2024-04-15
646

Our pivot point is at 90.71.

Our preference: rebound towards 91.40.

Alternative scenario: the downside breakout of 90.71 would call for 90.46 and 90.32.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 91.04 and 91.51).

Supports and resistances:

91.69 **

91.55 *

91.40 **

91.25

90.94 last

90.81

90.71 **

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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