The New Zealand dollar weakened against the other major currencies in the Asian session on Monday.

The NZ dollar fell to a 5-week low of 72.83 against the yen, nearly a 5-week low of 1.5552 against the euro and nearly a 4-week low of 0.7220 against the U.S. dollar, from Friday's closing quotes of 73.11, 1.5486 and 0.7239, respectively.

Against the Australian dollar, the kiwi dropped to 1.0538 from Friday's closing value of 1.0516.

If the kiwi extends its downtrend, it is likely to find support around 71.00 against the yen, 1.57 against the euro, 0.71 against the greenback and 1.07 against the aussie.

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