7640833 7/12/2017 5:13 PM, NZD/CAD intraday: the upside prevails as long as 0.9319 is support


0.9319 is our pivot point.


Our preference

: the upside prevails as long as 0.9319 is support.


Alternative scenario

: the downside breakout of 0.9319 would call for 0.9278 and 0.9254.


Comment

: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 0.9339 and 0.9333).


Supports and resistances

:

0.9479 **

0.9454 *

0.9430 **

0.9405

0.9353 last

0.9336

0.9319 **

0.9278 *

0.9254 **