RTTN:Australian And New Zealand Dollars Extend Rally Against Majors
(RTTNews) - The Australian and New Zealand dollars that recovered their early losses against other major currencies have been extending gains in late Asian trading on Tuesday.
At present, the NZ dollar is trading at an 11-day high of 0.7590 against the greenback and a 13-day high of 59.27 against the yen. The next upside target level for the kiwi is seen at 0.770 against the greenback and 60.0 against the yen.
Meanwhile, the Australian dollar is trading at 12-day highs of 1.3407 against the euro and 77.89 against the yen.
Against the US and Canadian dollars, the Australian dollar is now worth 0.9977 and 1.0293, respectively.
If the aussie gains further, it may likely target 1.045 against the Canadian dollar, 1.010 against the US dollar, 80.0 against the yen and 1.330 against the euro.
