NZD/USD sticks to the range bound theme – UOB

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NZD/USD sticks to the range bound theme – UOB
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NZD/USD sticks to the range bound theme – UOB By pabspiovano NZDUSD Currencies Crosses Banks

Key Quotes

Next 1-3 weeks: “On Monday , we highlighted that the outlook is mixed and NZD is likely to trade between 0.6740 and 0.6870. There is no change in our view even though the underlying tone has softened somewhat. Looking ahead, NZD has to close below 0.6740 before a drop to 0.6700 is likely.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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