NZ Dollar Trades Higher Against Majors



The New Zealand dollar firmed against its major rivals in Asian deals on Monday.
The kiwi reached a 5-day high of 1.6473 against the euro and near a 3-week high of 0.8322 against the greenback.
The kiwi approached 1.0963 against the aussie for the first time since November 2008. Against the yen, the kiwi advanced to near an 8-month high of 85.75.
The next possible upside target for the kiwi is seen around 0.84 against the greenback, 87.00 against the yen, 1.08 against the aussie and 1.635 against the euro.


News are provided by InstaForex.