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NZD/JPY ST: eye 83.56
2023-10-24
644
Our pivot point stands at 89.54.
Our preference: eye 83.56.
Alternative scenario: above 89.54, look for 91.75 and 93.07.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is below its 20 period moving average (88.51) but above its 50 period moving average (87.63).
Supports and resistances:
93.07 **
91.75 *
89.54 **
88.68
87.64 last
84.86
83.56 **
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