NZD/USD Poised for a Bullish Surge Towards 0.5790 According to UOB Analysis
The New Zealand Dollar (NZD) is expected to fluctuate between 0.5710 and 0.5745 against the US Dollar (USD). Analysts from UOB Group, Quek Ser Leang, and Peter Chia, predict that in the longer term, the NZD may strengthen further, potentially reaching 0.5790. Recent market trends showcase a favorable environment for the Kiwi, fueled by positive technical analysis and evolving market sentiment. Traders should keep a keen eye on these developments.
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