Technical analysis of NZD/USD for June 12, 2017

As predicted on Friday, NZD/USD has been trading with bullish outlook and expected to continue its bullish outlook above 0.7170, and recommend buy position above 0.7170. The pair is consolidating above the key support at 0.7185, which should limit the downside potential. The relative strength index lacks downward momentum. Even though a further consolidation cannot […]