Thursday, October 1, 2015

NZD/USD: 1-3 week neutral outlook - UOB

FXStreet (Guatemala) - Analysts at UOB Group explained that the outlook for NZD/USD is neutral.

Key Quotes:

"Improving momentum but only break above 0.6410 suggests start of a bullish phase. There is no change to the current neutral outlook for this pair. However, the rapid and sharp rebound from the low suggests increasing upside pressure but NZD has to break clearly above the key 0.6410 resistance to indicate the start of a bullish phase."
For more information, read our latest forex news.

No comments:

Post a Comment