NZD/JPY intraday: as long as 91.65 is support look for 92.50
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Our pivot point stands at 91.65.
Our preference: as long as 91.65 is support look for 92.50.
Alternative scenario: below 91.65, expect 91.34 and 91.15.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 91.88 and 91.60).
Supports and resistances:
92.87 **
92.68 *
92.50 **
92.31
91.90 last
91.77
91.65 **
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