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

The NZ dollar fell to 0.6367 against the U.S. dollar and 76.24 against the yen, from last week’s closing quotes of 0.6388 and 76.65, respectively.

Against the euro, the kiwi edged down to 1.7762 from Friday’s closing value of 1.7650.

If the kiwi extends its downtrend, it is likely to find support around 0.61 against the greenback, 72.00 against the yen and 1.86 against the euro.

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