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NZD/USD intraday: as long as 0.5914 is support look for 0.5966
2023-10-05
426
Our pivot point stands at 0.5914.
Our preference: as long as 0.5914 is support look for 0.5966.
Alternative scenario: below 0.5914, expect 0.5895 and 0.5884.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is below its 20 period moving average (0.5937) but above its 50 period moving average (0.5921).
Supports and resistances:
0.5988 **
0.5977 *
0.5966 **
0.5955
0.5931 last
0.5922
0.5914 **
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