Thursday , 6 February 2025
Home Forex NZD/USD: Has a chance to edge above 0.5705 before levelling off – UOB Group
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NZD/USD: Has a chance to edge above 0.5705 before levelling off – UOB Group

New Zealand Dollar (NZD) could edge above 0.5705 before levelling off; the next resistance at 0.5725 is unlikely to come under threat. In the longer run, there has been a tentative buildup in momentum; NZD could rise gradually to 0.5725, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

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