NZD/USD Intraday: rebound towards 0.5968

Apr 12, 2024 19:48
rebound towards 0.5968.
Our pivot point stands at 0.5919.

Our preference: rebound towards 0.5968.

Alternative scenario: below 0.5919, expect 0.5902 and 0.5891.

Comment: the RSI is below its neutrality area at 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 0.5946 and 0.5974).

Supports and resistances:
0.5989 **
0.5979 *
0.5968 **
0.5935 last
0.5919 **
0.5902 *
0.5891 **

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