EUR/NZD intraday: as long as 1.7671 is support look for 1.7841

Our pivot point stands at 1.7671.

Our preference: as long as 1.7671 is support look for 1.7841.

Alternative scenario: below 1.7671, expect 1.7608 and 1.7571.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.7712 and 1.7652).

Supports and resistances:

1.7916 **

1.7878 *

1.7841 **

1.7804

1.7728 last

1.7695

1.7671 **

1.7608 *

1.7571 **

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 04-17-2023 at 07:24 UTC+1

Price reference: 1.7728 last known on 04-17-2023 at 07:24 UTC+1

Investment horizon: INTRADAY