AUD/NZD intraday: as long as 1.0760 is support look for 1.0830

Our pivot point is at 1.0760.

Our preference: as long as 1.0760 is support look for 1.0830.

Alternative scenario: the downside breakout of 1.0760 would call for 1.0730 and 1.0720.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is below its 20 period moving average (1.0782) but above its 50 period moving average (1.0771).

Supports and resistances:

1.0860 **

1.0840 *

1.0830 **

1.0810

1.0780 last

1.0770

1.0760 **

1.0730 *

1.0720 **

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 20:36 UTC+1

Price reference: 1.0780 last known on 03-21-2023 at 20:36 UTC+1

Investment horizon: INTRADAY