NZD/USD Outlook: UOB Group Anticipates Possible Dip Below 0.6045
Tuesday, 16 July 2024, 09:22
NZD/USD Forecast Update
The analysis by UOB Group indicates a softening sentiment towards the NZD/USD pair.
Key Prediction:
- A potential downward move is anticipated by UOB Group.
- The critical support level lies at 0.6045, offering a significant point of interest for traders.
While the forecast suggests a potential dip, the NZD is expected to hold above 0.6045.
Traders are advised to exercise caution and closely monitor the pair for any breaks below the mentioned level.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.