NZD/USD Neutral Near-Term – UOB
The research team at UOB Group expects the neutral bias on the pair to remain in the next 1-3 weeks.
Key Quotes
“The overnight movement is line with our expectation wherein we expect the current pull-back in NZD to extend lower to 0.6545”.
“Overall, this pair is expected to remain under pressure unless it can move and stay above 0.6660 in the next 1 to 2 days”.
(Market News Provided by FXstreet)
