NZD/USD: Likelihood of NZD dropping to 0.5850 has increased – UOB Group
Further New Zealand Dollar (NZD) weakness appears likely; any decline may not reach the major support at 0.5850. In the longer run, likelihood of NZD dropping to 0.5850 has increased, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
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