Technical analysis of NZD/USD for October 12, 2017

Overview: The NZD/USD pair rose from the level of 0.7055 towards 0.7128 yesterday. Now, the price is set at 0.7111 to act as a major resistance at the spot of 0.7055-0.7111. It should be noted that volatility is very high for that the NZD/USD pair is still moving between 0.7128 and 0.7040 in coming hours. […]