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NZD/JPY intraday: as long as 90.67 is support look for 91.34
2024-03-26
445
Our pivot point is at 90.67.
Our preference: as long as 90.67 is support look for 91.34.
Alternative scenario: below 90.67, expect 90.43 and 90.28.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (90.88) but above its 50 period moving average (90.79).
Supports and resistances:
91.63 **
91.49 *
91.34 **
91.19
90.87 last
90.77
90.67 **
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