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analysing  NZD/USD to Nov. 6, 2019




NZD/USD intraday: rebound
Our pivot point stands at 0.6364.

Our preference: rebound.

Alternative scenario: the downside breakout of 0.6364 would call for 0.6344 and 0.6332.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the pair stands above its 20 MA (0.6374) but below its 50 MA (0.6385).

Supports and resistances:

0.6444 **
0.6433 *
0.6421 **
0.6409
0.6384 last
0.6372
0.6364 **
0.6344 *
0.6332 **

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