6:18 am @ NZD/USD intraday: the downside prevails as long as 0.6443 is resistance

Our pivot point stands at 0.6443.

Our preference: the downside prevails as long as 0.6443 is resistance.

Alternative scenario: above 0.6443, look for 0.6463 and 0.6475.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 0.6430 and 0.6429).

Supports and resistances:

0.6475 **

0.6463 *

0.6443 **

0.6435

0.6426 last

0.6401

0.6389 **

0.6377 *

0.6365 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS


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