RTTN:NZ Dollar Trades At 8-day High Against Greenback
(RTTNews) - The New Zealand dollar extended previous session's uptrend against its US counterpart just ahead of Friday's London session, rising to an 8-day high of 0.8040 around 2:45 am ET. The kiwi-buck pair thus extended its rebound from Wednesday's key support zone of 0.7810/15.
The next resistance for the New Zealand dollar is seen around the 0.8055/85 area and the bias for breaching the psychologically important mark of 0.81 is strong right now given the current risk-rally continues its momentum.