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NZD/USD intraday: rebound towards 0.5974
2024-04-15
256
Our pivot point stands at 0.5927.
Our preference: rebound towards 0.5974.
Alternative scenario: the downside breakout of 0.5927 would call for 0.5909 and 0.5899.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.5943 and 0.5944).
Supports and resistances:
0.5995 **
0.5984 *
0.5974 **
0.5963
0.5941 last
0.5934
0.5927 **
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