NZD/USD looks neutral for the week ahead - Westpac

Imre Speizer, Research Analyst at Westpac, notes that the NZD/USD has negated recent bearish technical signals, helped by the stall in the USD rally.
Key Quotes
“NZD/USD looks neutral for the week ahead but could rise to the 0.72-0.74 area during the month ahead if the USD remains stalled.”
“The NZ macroeconomic backdrop remains clearly supportive, while valuation models suggest it’s about 3c too low currently.”
Author

Sandeep Kanihama
FXStreet Contributor
Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

















