NZD/USD ST: above its upper Bollinger band

NZDUSD

Trading Central 2021-02-23 18:10:06

Our pivot point is at 0.7162.

Our preference: the upside prevails as long as 0.7162 is support.

Alternative scenario: below 0.7162, expect 0.6983 and 0.6877.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.7215 and 0.7185). Finally, the NZD/USD has crossed above its upper Bollinger band (0.7314).

Supports and resistances:

0.7869 **

0.7762 *

0.7655 **

0.7548

0.7316 last

0.7233

0.7162 **

Disclaimer

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