NZD/JPY intraday: as long as 90.86 is support look for 91.56
Our pivot point stands at 90.86.
Our preference: as long as 90.86 is support look for 91.56.
Alternative scenario: below 90.86, expect 90.59 and 90.44.
Comment: the RSI is above 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 91.08 and 91.03).
Supports and resistances:
91.87 **
91.72 *
91.56 **
91.41
91.09 last
90.96
90.86 **
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