EUR/NZD intraday: the upside prevails as long as 1.7308 is support
The configuration is positive.
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The configuration is positive.
The configuration is positive.
Our preference: the upside prevails as long as 140.27 is support.
Short positions below 103.3000 with targets at 102.8300 & 102.6500 in extension.
Long positions above 130.20 with targets at 131.20 & 131.60 in extension.
Alternative scenario: the downside breakout of 1.7312 would call for 1.7259 and 1.7228.
Our preference: the upside prevails as long as 159.57 is support.
Alternative scenario: the downside breakout of 86.65 would call for 86.26 and 86.02.
Alternative scenario: the downside breakout of 0.8780 would call for 0.8757 and 0.8743.
The MACD is above its signal line and positive.