NZD/JPY Intraday: The downside prevails as long as 88.63 is resistance

Nov 4, 2026 6:00 AM

The downside prevails as long as 88.63 is resistance, with 87.98 and 87.81 as targets

Our pivot point is at 88.63.
Our preference:
The downside prevails as long as 88.63 is resistance, with 87.98 and 87.81 as targets
Alternative scenario:
above 88.63, look for 88.91 and 89.07.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. The price stands below its 20 and 50 period moving average (respectively at 88.57 and 88.79).
Supports and resistances:
89.07 **
88.91 *
88.63 **
88.36 last
87.98
87.81 **
87.65 *

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