NZD/JPY intraday: the upside prevails as long as 88 is support

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2025-07-11 21:59Source:TC

Our pivot point is at 88.00.

Our preference: the upside prevails as long as 88 is support.

Alternative scenario: below 88.00, expect 87.40 and 87.04.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 88.46 and 88.38).

Supports and resistances:

90.40 **

90.04 *

89.68 **

89.32

88.49 last

88.24

88.00 **

87.40 *

87.04 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 07-11-2025 at 21:59 UTC+1

Price reference: 88.49 last known on 07-11-2025 at 21:59 UTC+1

Investment horizon: INTRADAY

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