The New Zealand dollar advanced to a 2-day high of 1.6640 against the euro on Wednesday morning in New York, up by more than 1 percent from its Asian session low of 1.6822.
The 10-day simple moving average level has broken in the pair at 1.6680 and its next barrier is seen around the 1.6550 area, its 15-day SMA. Beyond that, 1.65 level is the key resistance.