NZD/USD intraday: as long as 0.5949 is support look for 0.5997
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Our pivot point is at 0.5949.
Our preference: as long as 0.5949 is support look for 0.5997.
Alternative scenario: the downside breakout of 0.5949 would call for 0.5932 and 0.5922.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.5966 and 0.5961).
Supports and resistances:
0.6017 **
0.6007 *
0.5997 **
0.5987
0.5966 last
0.5956
0.5949 **
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