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NZD/JPY intraday: the downside prevails as long as 90.99 is resistance
2024-03-15
647
Our pivot point stands at 90.99.
Our preference: the downside prevails as long as 90.99 is resistance.
Alternative scenario: the upside breakout of 90.99, would call for 91.25 and 91.41.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 90.95 and 91).
Supports and resistances:
91.41 **
91.25 *
90.99 **
90.89
90.78 last
90.46
90.30 **
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