FXStreetforexBULLISHMEDIUM

New Zealand Dollar rebounds but upside remains limited as US Dollar stays supported

NZD/USD trades around 0.5790 on Friday at the time of writing, up 0.27% on the day as the pair recovers from a one-and-a-half-week low, although bullish momentum remains limited by the underlying strength of the US Dollar (USD).

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