UOB predicts that NZDUSD is at risk of experiencing more declines unless it surpasses the 0.5970 level.

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UOB predicts that NZDUSD is at risk of experiencing more declines unless it surpasses the 0.5970 level.

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    NZD/USD could weaken further as long as it trades below the 0.5970 level, suggest Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group.

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