Technical analysis of NZD/USD for October 26, 2017

Overview: As expected, the NZD/USD pair continues to move downwards from the zone of 0.6942 and 0.7880. Yesterday, the pair dropped from the level of 0.6942 to 0.6942 which coincides with a ratio of 23.6% Fibonacci on the H4 chart. Today, resistance is seen at the levels of 0.6945 and 0.7033. So, we expect the […]