NZD/USD to see 0.7115 levels – UOB Group

FXStreet (Barcelona) - Analysts at UOB Group, expect NZD/USD might move lower towards 0.7115 levels in the next 1-2 weeks.

Key Quotes

“The key level for this pair is still at 0.7495, the high seen last Thursday before RBNZ’s decision to shift to neutral rate stance."

"Oversold short-term conditions could lead to a few days of consolidation/correction but the target at 0.7115 should be seen in the next 1 to 2 weeks.”

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