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NZD/USD intraday: the upside prevails as long as 0.6225 is support
2024-01-10
849
Our pivot point stands at 0.6225.
Our preference: the upside prevails as long as 0.6225 is support.
Alternative scenario: below 0.6225, expect 0.6206 and 0.6194.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading under its 20 period moving average (0.6242) but above its 50 period moving average (0.6240).
Supports and resistances:
0.6303 **
0.6291 *
0.6279 **
0.6268
0.6242 last
0.6233
0.6225 **
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