NZD/JPY intraday: as long as 81.52 is support look for 82.39

Our pivot point stands at 81.52.

Our preference: as long as 81.52 is support look for 82.39.

Alternative scenario: the downside breakout of 81.52 would call for 81.20 and 81.01.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 81.67 and 81.54).

Supports and resistances:

82.76 **

82.57 *

82.39 **

82.20

81.79 last

81.64

81.52 **

81.20 *

81.01 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 03-28-2023 at 22:27 UTC+1

Price reference: 81.79 last known on 03-28-2023 at 22:27 UTC+1

Investment horizon: INTRADAY