According to the UOB Group, the New Zealand Dollar (NZD) is expected to trade within a defined range of 0.5715 to 0.5755 against the US Dollar (USD) in the short term. Analysts Quek Ser Leang and Peter Chia point out that recent price movements indicate a consolidation phase within a larger 0.5680 to 0.5780 range. Traders will want to remain vigilant about price action within these boundaries as factors such as economic data releases and central bank policies could influence momentum and direction for NZDUSD.