RTTN:NZ Dollar Jumps To New Multi-month High Against Greenback
The New Zealand dollar touched 0.8359 against the US dollar in late Asian deals Tuesday, its strongest level since March 2 and 10-pips higher-than Monday's North American session closing value of 0.8349.
If the current bull run extends, the kiwi dollar may find resistance near 0.84, a level last hit about 9-months ago. In the event of a possible reversal, likely support is seen around the 0.8325 area.