The New Zealand dollar rebounded from its recent lows against most major currencies in the Asian session Monday.
The NZ dollar rose to 0.6812 against the U.S. dollar and 1.6681 against the euro, from recent 4-day lows of 0.6783 and 1.6769, respectively.
Against the yen, the kiwi edged up to 81.35 from a recent low of 80.84.
If the kiwi extends its uptrend, it is likely to find resistance around 0.70 against the greenback, 1.62 against the euro and 84.00 against the yen.
The material has been provided by InstaForex Company – www.instaforex.com