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 analysing NZD/USD to Nov. 4, 2019

NZD/USD intraday: as long as 0.6419 is support look for 0.6474
Our pivot point is at 0.6419.



Our preference: as long as 0.6419 is support look for 0.6474.

Alternative scenario: below 0.6419, expect 0.6399 and 0.6387.

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 pair is trading above both its 20 and 50 MAs (respectively at 0.6435 and 0.6434).

Supports and resistances:
0.6498 **
0.6486 *
0.6474 **
0.6462
0.6438 last
0.6427
0.6419 **
0.6399 *
0.6387 **

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