EUR/NZD Intraday: the upside prevails as long as 1.7889 is support
EUR/NZD (EUR/NZD)+0.01016+0.57%
the upside prevails as long as 1.7889 is support.
![image](https://resource.mistorebox.com/pmsync/images/tc/eurnzdnzd240412214636.gif)
1.7889 is our pivot point.
Our preference: the upside prevails as long as 1.7889 is support.
Alternative scenario: below 1.7889, expect 1.7851 and 1.7828.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.7897 and 1.7879).
Supports and resistances:
1.8039 **
1.8016 *
1.7994 **
1.7971
1.7926 last
1.7904
1.7889 **
1.7851 *
1.7828 **
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