EUR/NZD intraday : the upside prevails as long as 1.9338 is support

Our pivot point is at 1.9338.

Our preference: the upside prevails as long as 1.9338 is support

Alternative scenario: below 1.9338, expect 1.9279 and 1.9244.

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 above its 20 and 50 period moving average (respectively at 1.9373 and 1.9394). Finally, the EUR/NZD is trading above its upper Bollinger band (standing at 1.9400).

Supports and resistances:

1.9584 **

1.9549 *

1.9513 **

1.9478

1.9406 last

1.9362

1.9338 **