NZD/JPY intraday: the downside prevails as long as 85.31 is resistance
Trading Central 2025-05-22 12:22:04
Our pivot point stands at 85.31.
Our preference: the downside prevails as long as 85.31 is resistance.
Alternative scenario: above 85.31, look for 85.76 and 86.03.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 85.17 and 85.34).
Supports and resistances:
86.03 **
85.76 *
85.31 **
85.13
84.93 last
84.37
84.10 **
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