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NZD/JPY intraday: rebound towards 89.02
2023-10-03
1137
Our pivot point stands at 88.37.
Our preference: rebound towards 89.02.
Alternative scenario: the downside breakout of 88.37 would call for 88.15 and 88.01.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 88.69 and 89.03).
Supports and resistances:
89.29 **
89.15 *
89.02 **
88.88
88.57 last
88.46
88.37 **
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