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NZD/USD intraday: as long as 0.5895 is support look for 0.5951
2023-10-05
702
Our pivot point is at 0.5895.
Our preference: as long as 0.5895 is support look for 0.5951.
Alternative scenario: below 0.5895, expect 0.5876 and 0.5864.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.5910 and 0.5903).
Supports and resistances:
0.5974 **
0.5963 *
0.5951 **
0.5940
0.5916 last
0.5902
0.5895 **
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