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NZD/JPY intraday: the upside prevails as long as 91.16 is support
2024-03-07
203
91.16 is our pivot point.
Our preference: the upside prevails as long as 91.16 is support.
Alternative scenario: below 91.16, expect 90.91 and 90.75.
Comment: the RSI is above its neutrality area at 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 91.20 and 91.29).
Supports and resistances:
92.18 **
92.03 *
91.88 **
91.73
91.37 last
91.26
91.16 **
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