FXStreet (Guatemala) – Analysts at UOB Group explained that the technical picture for NZD/USD is bullish.
Key Quotes:
“Expect a move to 0.6560 in the coming days. The shift to a bullish stance yesterday was timely as NZD moved rapidly higher to touch a high of 0.6532 (0.6510 target easily met).”
“The outlook is still bullish and we expect a move to 0.6560 in the coming days. Stop-loss has been moved higher to 0.6405 from 0.6385.”
(Market News Provided by FXstreet)