NZD/USD intraday: the downside prevails as long as 0.5956 is resistance
Trading Central 2025-05-22 12:22:05
Our pivot point is at 0.5956.
Our preference: the downside prevails as long as 0.5956 is resistance.
Alternative scenario: the upside breakout of 0.5956, would call for 0.5987 and 0.6006.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.5933 and 0.5941).
Supports and resistances:
0.6006 **
0.5987 *
0.5956 **
0.5943
0.5930 last
0.5887
0.5868 **
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