UOB predicts that the NZDUSD currency pair, currently trading at 0.59251, will experience a narrower trading range in the near future.

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NZDUSD Chart by TradingView

In the opinion of Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, NZD/USD is now expected to navigate the 0.5860-0.5960 range for the time being.

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