Technical analysis of NZD/USD for June 07, 2017

Overview: The NZD/USD pair is showing signs of strength following a breakout of the highest level of 0.7122. On the H4 chart. the level of 0.7122 coincides with 78.6% of Fibonacci, which is expected to act as minor support today. Since the trend is above the 78.6% Fibonacci level, the market is still in an […]