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January 17, 2025

NZD/USD Set to Move Sideways: Key Levels to Watch

The New Zealand Dollar (NZD) is on track to trade within the narrow range of 0.5580 to 0.5630. This sideways movement indicates potential consolidation in the coming days. A crucial level for the NZD will be breaking above 0.5650. If it can maintain this upward momentum, we could see targets reaching 0.5695. Analysts from Entreprenerdly.com, Quek Ser Leang and Peter Chia, are monitoring these developments closely. Traders should pay attention to market fluctuations in this range as investors evaluate their positions.

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