NZD/JPY ST: the upside prevails as long as 75.57 i

NZD/JPY ST: the upside prevails as long as 75.57 is support

NZDJPY

Trading Central 2021-02-23 18:07:22

Our pivot point stands at 75.57.

Our preference: the upside prevails as long as 75.57 is support.

Alternative scenario: below 75.57, expect 74.05 and 73.14.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 75.82 and 74.82).

Supports and resistances:

81.65 **

80.74 *

79.83 **

78.92

77.03 last

76.17

75.57 **

Disclaimer

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