NZ Dollar Retreats Against U.S., Australian Dollars
January 25 2016 - 2:41AM
RTTF2
The New Zealand dollar pulled away from its early highs against
the U.S. and the Australian dollars in Europe on Monday.
The kiwi was trading at 0.6437 against the greenback, pulling
away from a high of 0.6533 hit at 11:30 pm ET. Further downtrend of
the kiwi may see it violating Asian session's 4-day low of
0.6462.
The kiwi eased back to 1.0790 against the aussie, coming off
from its prior high of 1.0737.
The next possible support for the kiwi is seen around 0.63
against the greenback and 1.10 against the aussie.
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