NZD/USD intraday : as long as 0.5947 is support look for 0.6005

Our pivot point is at 0.5947.

Our preference: as long as 0.5947 is support look for 0.6005

Alternative scenario: below 0.5947, expect 0.5927 and 0.5915.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.5968 and 0.5962).

Supports and resistances:

0.6029 **

0.6017 *

0.6005 **

0.5993

0.5968 last

0.5955

0.5947 **