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NZD/JPY intraday: rebound towards 88.32
2023-10-04
697
Our pivot point is at 87.66.
Our preference: rebound towards 88.32.
Alternative scenario: below 87.66, expect 87.43 and 87.30.
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 87.92 and 88.07).
Supports and resistances:
88.59 **
88.46 *
88.32 **
88.19
87.84 last
87.74
87.66 **
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