NZD/USD intraday: rebound towards 0.7364

NZDUSD

Trading Central 2021-02-23 19:15:26

Our pivot point is at 0.7289.

Our preference: rebound towards 0.7364.

Alternative scenario: the downside breakout of 0.7289 would call for 0.7263 and 0.7247.

Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.7317 and 0.7322).

Supports and resistances:

0.7395 **

0.7380 *

0.7364 **

0.7349

0.7315 last

0.7299

0.7289 **

Disclaimer

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