Technical analysis of NZD/USD for May 11, 2017
Overview: The NZD/USD pair continues to move downwards from the level of 0.6935. Yesterday, the pair dropped from the level of 0.6935 (this level of 0.9965 coincides with the ratio of 50% Fibonacci retracement) to the bottom around 0.6817. Today, the first resistance level is seen at 0.6873 (the daily pivot point) followed by 0.6907, […]