NZD/USD Eyes 0.5920 Test Before Stabilizing
The New Zealand Dollar shows potential to test the 0.5920 level before leveling off. Analysts from UOB Group highlight that the major resistance at 0.5950 remains elusive for the moment. In the short term, they recommend trading within the range of 0.5840 to 0.5950. Monitoring these levels will be crucial for any trading decisions ahead.