NZD pairs have a particular 'personality' for volatility. Many an intraday trader may have been punching the air or crying in their tea recently. :)
In these charts I show some of sort of volatility on lower time frames.
I wish I could have posted this with the 5-minute timeframe because patterns appear clearer there, but to my realisation you actually cannot post something less than 15M, which does make sense, although Educational posts should be allowed to do that in my opinion.
Anyway the purpose of this post is to basically demonstrate that intraday, or day-trading timeframes...