NZD/USD: A short-term rebound on hopes for a ceasefire gives the kiwi a temporary respite, but fundamental risks remain — a strong dollar, expectations of Fed tightening, and persistent geopolitical uncertainty.
In the first half of the coming week, sideways movement is expected along the boundaries of the calculated resistance zone. Closer to the weekend, a resumption of the British pound's downward movement can be expected. This is highly likely to occur amid increased volatility following the release of important economic news.
