The New Zealand dollar strengthened against the other major currencies in the early European session on Thursday.

The NZ dollar rose to more than 5-week highs of 0.7598 against the U.S. dollar and 90.22 against the yen, from early lows of 0.7547 and 89.74, respectively.

Against the euro and the Australian dollar, the kiwi advanced to a near 5-week high of 1.4943 and a 2-day high of 1.0370 from early lows of 1.5055 and 1.0436, respectively.

If the kiwi extends its uptrend, it is likely to find resistance around 0.79 against the greenback, 92.58 against the yen, 1.47 against the euro and 1.02 against the aussie.

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