NZD/USD Neutral Near-Term – UOB

NZD/USD Neutral Near-Term – UOB

16 March 2016, 10:29
Roberto Jacobs
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NZD/USD Neutral Near-Term – UOB

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”.


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