EUR/NZD intraday: rebound towards 1.6804

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    Kiaria Yoshida

    1.6673 is our pivot point.

    Our preference is rebound towards 1.6804. Alternative scenario is below 1.6673, expect 1.6626 and 1.6599.

    Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 1.6725 and 1.6748).

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