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AUD/NZD intraday: eye 1.1060
2024-07-12
797
1.1110 is our pivot point.
Our preference: eye 1.1060.
Alternative scenario: the upside breakout of 1.1110, would call for 1.1120 and 1.1130.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is below its 20 period moving average (1.1098) but above its 50 period moving average (1.1093).
Supports and resistances:
1.1130 **
1.1120 *
1.1110 **
1.1100
1.1093 last
1.1070
1.1060 **
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