NZD/JPY ST : the upside prevails as long as 87.11 is support

Our pivot point is at 87.11.

Our preference: the upside prevails as long as 87.11 is support

Alternative scenario: below 87.11, expect 84.70 and 83.27.

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 87.75 and 87.28).

Supports and resistances:

96.86 **

95.42 *

93.98 **

92.54

89.52 last

88.05

87.11 **