NZD/USD: sustained break below 0.5950 is unlikely – UOB Group

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  Posted by Two Blokes Jul 15 - Filed in Forex - 4 views
  
  New Zealand Dollar (NZD) could test 0.5950 against US Dollar (USD); a sustained break below this level is unlikely. In the longer run, price action indicates that further NZD weakness is likely; the level to watch is 0.5950, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.