NZD/USD intraday: the upside prevails as long as 0

NZD/USD intraday: the upside prevails as long as 0.7180 is support

NZDUSD

Trading Central 2021-01-13 03:07:08

Our pivot point is at 0.7180.

Our preference: the upside prevails as long as 0.7180 is support.

Alternative scenario: the downside breakout of 0.7180 would call for 0.7155 and 0.7140.

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 0.7181 and 0.7176).

Supports and resistances:

0.7278 **

0.7263 *

0.7248 **

0.7233

0.7202 last

0.7190

0.7180 **

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