EUR/NZD intraday: the upside prevails as long as 1.7403 is support

Our pivot point stands at 1.7403.

Our preference: the upside prevails as long as 1.7403 is support.

Alternative scenario: below 1.7403, expect 1.7350 and 1.7318.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.7400 and 1.7381).

Supports and resistances:

1.7613 **

1.7581 *

1.7549 **

1.7518

1.7446 last

1.7424

1.7403 **

1.7350 *

1.7318 **

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 03-23-2023 at 00:09 UTC+1

Price reference: 1.7446 last known on 03-23-2023 at 00:09 UTC+1

Investment horizon: INTRADAY