NZD/USD intraday: as long as 0.7265 is support loo

NZD/USD intraday: as long as 0.7265 is support look for 0.7342

NZDUSD

Trading Central 2021-02-20 03:02:20

0.7265 is our pivot point.

Our preference: as long as 0.7265 is support look for 0.7342.

Alternative scenario: below 0.7265, expect 0.7238 and 0.7222.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.7286 and 0.7247).

Supports and resistances:

0.7374 **

0.7358 *

0.7342 **

0.7326

0.7291 last

0.7275

0.7265 **

Disclaimer

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