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NZD/JPY intraday: rebound towards 96.68

2024-07-15
428

Our pivot point is at 95.99.

Our preference: rebound towards 96.68.

Alternative scenario: below 95.99, expect 95.75 and 95.60.

Comment: the RSI is below its neutrality area at 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 96.34 and 96.62).

Supports and resistances:

96.98 **

96.83 *

96.68 **

96.54

96.23 last

96.09

95.99 **

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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