The New Zealand dollar continued its decline against the other major currencies in early European deals on Wednesday.
The kiwi hit near 2-week lows of 0.7390 against the greenback and 1.4510 versus the euro, compared to Tuesday’s closing values of 0.7461 and 1.4354, respectively.
The kiwi that ended Tuesday’s trading at 89.66 against the yen and 1.0171 against the aussie slipped to a 2-week low of 88.91 and a 2-day low of 1.0258, respectively.
The kiwi may possibly challenge support around around 0.73 against the greenback, 88.5 against the yen, 1.05 against the aussie and 1.46 against the euro.
The material has been provided by InstaForex Company – www.instaforex.com