Extending early rally, the Australian dollar climbed against the New Zealand dollar in European deals on Monday.

The aussie advanced to a 4-day high of 1.0730 against the kiwi, a 0.52 percent increase from last week’s closing value of 1.0674. The aussie-kiwi pair is likely to find resistance around the 1.09 zone.

The material has been provided by InstaForex Company – www.instaforex.com