Trade The World
NZD/USD: Likely to trade in a range between 0.5760 and 0.5800 – UOB Group
By FXStreet Insights Team
Date Published: 7 Jan 2026 | Date Modified: 7 Jan 2026
POPULAR ARTICLES
New Zealand Dollar (NZD) is likely to trade in a range between 0.5760 and 0.5800. In the longer run, NZD is likely to trade in a range between 0.5740 and 0.5825, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New Zealand Dollar (NZD) is likely to trade in a range between 0.5760 and 0.5800. In the longer run, NZD is likely to trade in a range between 0.5740 and 0.5825, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
NZD is likely to trade in a range
24-HOUR VIEW: "We expected NZD to 'trade in a range between 0.5760 and 0.5800' yesterday. NZD then traded in a higher range of 0.5769/0.5810, closing largely unchanged at 0.5784 (-0.09%). Momentum indicators remain mostly flat, and we continue to expect NZD to trade in a range between 0.5760 and 0.5800 today."
1-3 WEEKS VIEW: "In our update on Monday (05 Jan, spot at 0.5755), we indicated that 'the pullback in NZD from last month’s high of 0.5853 has scope to extend'. However, we were of the view that 'any decline is expected to face strong support at 0.5720'. Yesterday, NZD rose above our ‘strong resistance’ level of 0.5800. The breach of 0.5800 has invalidated our view. In other words, instead of pulling back further, NZD is likely to trade in a range, probably between 0.5740 and 0.5825."
FXStreet
More than a million users rely on FXStreet for real-time market data, charting tools, expert insights, and forex news. Its comprehensive economic calendar and educational webinars help traders stay informed and make calculated decisions. FXStreet is supported by a team of about 60 professionals, split between the Barcelona headquarters and various global regions.
Read More
