NZD/USD intraday: the downside prevails as long as 0.5824 is resistance
Our pivot point stands at 0.5824.
Our preference: the downside prevails as long as 0.5824 is resistance.
Alternative scenario: the upside breakout of 0.5824, would call for 0.5846 and 0.5859.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.5816 and 0.5834).
Supports and resistances:
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