Our pivot point is at 0.5600.
Our preference: the upside prevails as long as 0.5600 is support.
Alternative scenario: the downside breakout of 0.5600 would call for 0.5562 and 0.5540.
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 0.5621 and 0.5621). Finally, the NZD/USD is trading above its upper Bollinger band (standing at 0.5630).
Supports and resistances:
0.5745 **
0.5722 *
0.5700 **
0.5677
0.5630 last
0.5615
0.5600 **
0.5562 *
0.5540 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-07-2025 at 23:13 UTC+1
Price reference: 0.5630 last known on 11-07-2025 at 23:13 UTC+1
Investment horizon: INTRADAY
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