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NZD/JPY ST: the downside prevails as long as 92.39 is resistance
2024-03-26
660
Our pivot point stands at 92.39.
Our preference: the downside prevails as long as 92.39 is resistance.
Alternative scenario: above 92.39, look for 94.11 and 95.13.
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 91.16 and 91.15).
Supports and resistances:
95.13 **
94.11 *
92.39 **
91.72
91.01 last
88.74
87.72 **
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