EUR/NZD ST: as long as 1.6947 is support look for 1.8083

Our pivot point is at 1.6947.

Our preference: as long as 1.6947 is support look for 1.8083.

Alternative scenario: below 1.6947, expect 1.6545 and 1.6306.

Comment: the RSI is above 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 1.7294 and 1.7116).

Supports and resistances:

1.8564 **

1.8323 *

1.8083 **

1.7842

1.7348 last

1.7105

1.6947 **

1.6545 *

1.6306 **

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 04-04-2023 at 10:35 UTC+1

Price reference: 1.7348 last known on 04-04-2023 at 10:35 UTC+1

Investment horizon: ST