NZD/USD Trading Range Stabilizes Amid Current Price Movements
The current price movements in the NZD/USD pair suggest a phase of range trading. Analysts forecast the pair to oscillate between 0.5615 and 0.5665 in the short term. Looking further ahead, the expectation is for the NZD to establish a range between 0.5590 and 0.5705. This range reflects the market’s cautious approach as traders digest recent economic signals and strategize for their next moves.
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