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NZD/USD intraday: the upside prevails as long as 0.5896 is support
2024-04-22
289
Our pivot point is at 0.5896.
Our preference: the upside prevails as long as 0.5896 is support.
Alternative scenario: the downside breakout of 0.5896 would call for 0.5876 and 0.5864.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.5902 and 0.5894).
Supports and resistances:
0.5975 **
0.5963 *
0.5951 **
0.5939
0.5913 last
0.5904
0.5896 **
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