The New Zealand dollar spiked up against its most major counterparts in early European deals on Tuesday.

The kiwi climbed to a record high of 1.3899 against the euro, off early session’s low of 1.4054.

The kiwi advanced to 91.82 versus the yen, which was its highest level since March 24, from an early 4-day low of 91.16.

The kiwi rebounded from an early 5-day low of 0.7633 against the greenback and edged up to 0.7676.

The kiwi is likely to face resistance around 92.5 against the yen and 0.80 against the greenback.

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