NZD/JPY intraday: rebound towards 91.63
Our pivot point stands at 91.02.
Our preference: rebound towards 91.63.
Alternative scenario: the downside breakout of 91.02 would call for 90.80 and 90.67.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 91.23 and 91.44).
Supports and resistances:
91.90 **
91.77 *
91.63 **
91.50
91.20 last
91.11
91.02 **
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