NZD/USD faces a gradual decline – UOB

NZD/USD faces a gradual decline – UOB – by pabspiovano NZDUSD Currencies Crosses Banks

24-hour view: “Yesterday, we were of the view that ‘the rapid drop in NZD could extend to 0.5975’. While NZD dropped as expected, it rebounded from a low of 0.5978. Downward pressure has eased and NZD is likely to trade sideways for today, expected to be within a range of 0.5985/0.6040.”

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