NZD/USD intraday: rebound

NZDUSD

Trading Central 2021-01-14 08:05:05

0.7162 is our pivot point.

Our preference: rebound.

Alternative scenario: below 0.7162, expect 0.7137 and 0.7122.

Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above its 20 period moving average (0.7184) but under its 50 period moving average (0.7201).

Supports and resistances:

0.7266 **

0.7251 *

0.7236 **

0.7221

0.7188 last

0.7172

0.7162 **

Disclaimer

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