RTTN:NZ Dollar Extends Advance Against Most Majors
The New Zealand dollar continued its strength against most major currencies in European deals on Friday.
The kiwi approached a 3-day high of 1.1348 against the aussie around 5:25 am ET. The next probable resistance for the kiwi is seen around the 1.12 area.
The kiwi rallied to more than 2-week highs of 0.8355 against the greenback and 82.21 against the yen, compared to Thursday's closing values of 0.8284 and 81.31, respectively. On the upside, the kiwi is likely to face resistance around 0.845 against the greenback and 83.00 against the yen.