EUR/NZD intraday: as long as 1.7034 is support look for 1.7192

Our pivot point is at 1.7034.

Our preference: as long as 1.7034 is support look for 1.7192.

Alternative scenario: below 1.7034, expect 1.6977 and 1.6944.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.7081 and 1.7054).

Supports and resistances:

1.7259 **

1.7225 *

1.7192 **

1.7158

1.7084 last

1.7056

1.7034 **

1.6977 *

1.6944 **

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 03-03-2023 at 21:59 UTC+1

Price reference: 1.7084 last known on 03-03-2023 at 21:59 UTC+1

Investment horizon: INTRADAY