Reversing direction, the New Zealand dollar strengthened against the other major currencies in European deals on Friday.
The kiwi reversed from a 4-day low of 81.28 versus the yen and a weekly low of 1.7067 against the euro, recovering to 81.90 and 1.6891, respectively.
The kiwi climbed to a 3-week high of 0.6687 versus the greenback and a new 3-week high of 1.0989 against the aussie, off early lows of 0.6605 and 1.1093, respectively.
The kiwi is likely to find resistance around 82.5 against the yen, 1.68 against the euro, 0.675 against the greenback and 1.09 against the aussie.
The material has been provided by InstaForex Company – www.instaforex.com