The New Zealand Dollar traded with low volatility against the US Dollar on Monday. The currency pair made a 33 pips movement during Monday’s trading session.
As for the near future, it is likely that the currency exchange rate continue to trade in a junior ascending channel.
Technical indicators on the daily time-frame demonstrate that bulls are could dominate today’s trading session.
The possible short-term target for the NZD/USD currency pair will be near a swing high of 0.6940.
