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NZD/USD neutral near-term – UOB

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The research team at UOB Group expects the neutral bias on the pair to remain in the next 1-3 weeks.

    Key Quotes

    “The overnight movement is line with our expectation wherein we expect the current pull-back in NZD to extend lower to 0.6545”.

    “Overall, this pair is expected to remain under pressure unless it can move and stay above 0.6660 in the next 1 to 2 days”.
    For more information, read our latest forex news.
     

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