EUR/NZD intraday: as long as 1.7314 is support look for 1.7478

Our pivot point stands at 1.7314.

Our preference: as long as 1.7314 is support look for 1.7478.

Alternative scenario: below 1.7314, expect 1.7255 and 1.7221.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.7359 and 1.7329).

Supports and resistances:

1.7547 **

1.7512 *

1.7478 **

1.7443

1.7369 last

1.7337

1.7314 **

1.7255 *

1.7221 **

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 21:55 UTC+1

Price reference: 1.7369 last known on 04-04-2023 at 21:55 UTC+1

Investment horizon: INTRADAY