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NZD/USD intraday: as long as 0.5915 is support look for 0.5970
2024-04-24
740
Our pivot point stands at 0.5915.
Our preference: as long as 0.5915 is support look for 0.5970.
Alternative scenario: the downside breakout of 0.5915 would call for 0.5895 and 0.5883.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.5934 and 0.5923).
Supports and resistances:
0.5994 **
0.5982 *
0.5970 **
0.5958
0.5934 last
0.5923
0.5915 **
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