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analysing EUR/NZD for Thursdayto Nov. 21, 2019



EUR/NZD intraday: the downside prevails as long as 1.7273 is resistance
1.7273 is our pivot point.

Our preference: the downside prevails as long as 1.7273 is resistance.

Alternative scenario: above 1.7273, look for 1.7328 and 1.7361.

Comment: the RSI is below its neutrality area at 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 1.7264 and 1.7258).

Supports and resistances:

1.7361 **
1.7328 *
1.7273 **
1.7252
1.7228 last
1.7159
1.7126 **
1.7094 *
1.7061 **
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