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The post NZD/USD is sideways-trading between 0.5640 and 0.5680 – UOB Group appeared on BitcoinEthereumNews.com. New Zealand Dollar (NZD) appears to have entered a sideways-trading phase between 0.5640 and 0.5680. In the longer run, no change in view; NZD is likely to trade in a range between 0.5605 and 0.5695, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. NZD is likely to trade in a range 24-HOUR VIEW: “While we expected NZD to ‘edge lower to 0.5635’ yesterday, we indicated that ‘the major support at 0.5605 is not expected to come under threat’. NZD then dipped to a low of 0.5638 before recovering to close largely unchanged at 0.5657 (+0.07%). NZD appears to have entered a sideways-trading phase. Today, we expect NZD to trade between 0.5640 and 0.5680.” 1-3 WEEKS VIEW: “We have expected NZD to ‘trade in a range between 0.5605 and 0.5695’ since early last week. We continue to hold the same view for now.” Source: https://www.fxstreet.com/news/nzd-usd-is-sideways-trading-between-05640-and-05680-uob-group-202511191119The post NZD/USD is sideways-trading between 0.5640 and 0.5680 – UOB Group appeared on BitcoinEthereumNews.com. New Zealand Dollar (NZD) appears to have entered a sideways-trading phase between 0.5640 and 0.5680. In the longer run, no change in view; NZD is likely to trade in a range between 0.5605 and 0.5695, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. NZD is likely to trade in a range 24-HOUR VIEW: “While we expected NZD to ‘edge lower to 0.5635’ yesterday, we indicated that ‘the major support at 0.5605 is not expected to come under threat’. NZD then dipped to a low of 0.5638 before recovering to close largely unchanged at 0.5657 (+0.07%). NZD appears to have entered a sideways-trading phase. Today, we expect NZD to trade between 0.5640 and 0.5680.” 1-3 WEEKS VIEW: “We have expected NZD to ‘trade in a range between 0.5605 and 0.5695’ since early last week. We continue to hold the same view for now.” Source: https://www.fxstreet.com/news/nzd-usd-is-sideways-trading-between-05640-and-05680-uob-group-202511191119

NZD/USD is sideways-trading between 0.5640 and 0.5680 – UOB Group

Author: BitcoinEthereumNews

Source: BitcoinEthereumNews

2025/11/19 22:08

CHANGE$0.001388+0.53%

New Zealand Dollar (NZD) appears to have entered a sideways-trading phase between 0.5640 and 0.5680. In the longer run, no change in view; NZD is likely to trade in a range between 0.5605 and 0.5695, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

NZD is likely to trade in a range

24-HOUR VIEW: “While we expected NZD to ‘edge lower to 0.5635’ yesterday, we indicated that ‘the major support at 0.5605 is not expected to come under threat’. NZD then dipped to a low of 0.5638 before recovering to close largely unchanged at 0.5657 (+0.07%). NZD appears to have entered a sideways-trading phase. Today, we expect NZD to trade between 0.5640 and 0.5680.”

1-3 WEEKS VIEW: “We have expected NZD to ‘trade in a range between 0.5605 and 0.5695’ since early last week. We continue to hold the same view for now.”

Source: https://www.fxstreet.com/news/nzd-usd-is-sideways-trading-between-05640-and-05680-uob-group-202511191119

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