FxWirePro reports that the NZD/USD currency pair has lost momentum but still holds a bullish outlook. The pair has shown signs of running out of steam, but it is still maintaining its positive stance. This means that the New Zealand dollar is still expected to strengthen against the US dollar in the near future.
Investors should keep an eye on the developments in the market to see if the NZD/USD pair can regain its momentum and continue its upward trend. It is important to stay informed about any potential factors that could affect the currency pair’s movement.
Overall, the outlook for the NZD/USD remains bullish, despite the recent loss of steam. Traders and investors should continue to monitor the situation closely to make informed decisions about their positions in the market.