AUD/NZD intraday : as long as 1.0885 is support look for 1.0946

Our pivot point is at 1.0885.

Our preference: as long as 1.0885 is support look for 1.0946

Alternative scenario: below 1.0885, expect 1.0864 and 1.0851.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.0904 and 1.0901).

Supports and resistances:

1.0971 **

1.0958 *

1.0946 **

1.0933

1.0908 last

1.0893

1.0885 **