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Analysis NZD/USD for Tuesdayto Nov. 5, 2019




NZD/USD intraday: rebound
Our pivot point stands at 0.6384.

Our preference: rebound.

Alternative scenario: below 0.6384, expect 0.6364 and 0.6352.

Comment: the RSI is above 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 (0.6400) but below its 50 MA (0.6422).


Supports and resistances:

0.6470 **
0.6458 *
0.6446 **
0.6434
0.6409 last
0.6392
0.6384 **
0.6364 *
0.6352 **

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