NZD/JPY intraday: technical rebound towards 87.94 before a new drop

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2025-08-14 22:16Source:TC

Our pivot point stands at 87.94.

Our preference: technical rebound towards 87.94 before a new drop.

Alternative scenario: above 87.94, look for 88.53 and 88.89.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above its 20 period moving average (87.32) but under its 50 period moving average (87.49).

Supports and resistances:

88.89 **

88.53 *

87.94 **

87.70

87.40 last

86.68

86.32 **

85.97 *

85.62 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 08-14-2025 at 22:16 UTC+1

Price reference: 87.40 last known on 08-14-2025 at 22:16 UTC+1

Investment horizon: INTRADAY

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