NZD/USD intraday: the RSI is overbought
Alternative scenario: the downside breakout of 0.6258 would call for 0.6229 and 0.6212.
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Alternative scenario: the downside breakout of 0.6258 would call for 0.6229 and 0.6212.
Alternative scenario: the upside breakout of 1.3265 would call for 1.3292 and 1.3308.
Alternative scenario: the downside breakout of 87.78 would call for 87.38 and 87.14.
The MACD is positive and below its signal line.
Alternative scenario: the downside breakout of 160.51 would call for 159.81 and 159.40.
The MACD is negative and below its signal line.
Alternative scenario: the downside breakout of 141.99 would call for 141.35 and 140.97.
Short positions below 106.0000 with targets at 100.8000 & 99.3000 in extension.
Short positions below 1.3715 with targets at 1.3655 & 1.3630 in extension.
Long positions above 0.6700 with targets at 0.6745 & 0.6765 in extension.
Long positions above 1.3690 with targets at 1.3745 & 1.3760 in extension.
Long positions above 0.6685 with targets at 0.6730 & 0.6745 in extension.