NZD/USD Expected to Rise Further but Faces Resistance
The New Zealand Dollar is on track to strengthen further against the US Dollar, though it may struggle to break the key resistance level at 0.5965. Analysts from UOB Group, Quek Ser Leang and Peter Chia, predict the NZD will fluctuate within a broader range of 0.5835 to 0.6030 in the longer term, indicating a mixed outlook ahead.