AUD/USD, NZD/USD: UOB repositions itself on the upside in the event of clear breaks

NZD /USD: Neutral. We are in a range between 112.50-114.50.

We remain neutral, but if we see a clear upward break out of the range at 112.50-114.50, this will indicate the return of a directional movement.

The same goes for the AUD/USD. We are bullish and targeting 0.7380, the high of December. A clear daily break of 0.7250 would be a powerful buy signal," says UOB.