EUR/NZD intraday: rebound
The MACD must break above its zero level to trigger further gains.
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The MACD must break above its zero level to trigger further gains.
Our preference: the upside prevails as long as 102 is support.
The MACD is above its signal line and negative.
Our preference: the downside prevails as long as 0.9949 is resistance.
The penetration of 50 on the RSI would call for further downside.
Long positions above 102.2000 with targets at 102.5000 & 102.6600 in extension.
Short positions below 1.3565 with targets at 1.3510 & 1.3495 in extension.
Short positions below 0.9150 with targets at 0.9120 & 0.9105 in extension.
Short positions below 1.2400 with targets at 1.2350 & 1.2320 in extension.
Long positions above 132.55 with targets at 133.60 & 134.10 in extension.
Short positions below 1.0900 with targets at 1.0860 & 1.0845 in extension.
Long positions above 0.6680 with targets at 0.6720 & 0.6735 in extension.