NZD/CHF Heading for 0.7250/0.7300 in Short-Term

The width of the medium-term exchange rate target zone for NZD/CHF less than 15 % as recommended by global monetarists for managed float system. After defended at central band/central parity, the pair resumed to upward direction and will revisit the previous upper medium-term exchange rate price stability band at 0.7250/0.7300 in short-term.