FxWirePro analysts have indicated that the NZD/USD pair is currently range bound in the short term. However, the primary trend remains lower. This means that while there may be some fluctuation in the near future, the overall direction is still downward.
Investors should be mindful of this trend when making trading decisions, as it could impact the potential for profits. It is important to carefully monitor the market and stay informed about any developments that could influence the NZD/USD pair.
Overall, the outlook for the NZD/USD pair is still bearish, so investors should exercise caution and be prepared for potential downside risks.