NZD/USD: Expecting Range Trading Between 0.5710 and 0.5760
Analysts at UOB Group anticipate that the New Zealand dollar (NZD) will continue to trade within a range of 0.5710 to 0.5760 against the U.S. dollar (USD). This period of range trading may signify a broader recovery phase, with potential for the NZD to reach as high as 0.5775 in the coming days. Market observers should note this key range as it could prove significant for trading strategies.