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Analysis NZD/JPY for Tuesdayto Nov. 5, 2019




NZD/JPY intraday: the upside prevails as long as 69.49 is support
Our pivot point is at 69.49.

Our preference: the upside prevails as long as 69.49 is support.

Alternative scenario: below 69.49, expect 69.28 and 69.16.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 69.56 and 69.69).


Supports and resistances:

70.34 **
70.21 *
70.09 **
69.97
69.72 last
69.57
69.49 **
69.28 *
69.16 **

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