EUR/NZD intraday: as long as 1.7116 is support look for 1.7252

1.7116 is our pivot point.

Our preference: as long as 1.7116 is support look for 1.7252.

Alternative scenario: the downside breakout of 1.7116 would call for 1.7065 and 1.7035.

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 above its 20 and 50 period moving average (respectively at 1.7155 and 1.7104).

Supports and resistances:

1.7313 **

1.7283 *

1.7252 **

1.7222

1.7160 last

1.7136

1.7116 **

1.7065 *

1.7035 **

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 03-21-2023 at 00:04 UTC+1

Price reference: 1.7160 last known on 03-21-2023 at 00:04 UTC+1

Investment horizon: INTRADAY