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FXStreet (Córdoba) - The kiwi broke another resistance against the US dollar and extended the rally that started on Monday. NZD/USD found support above 0.7580 during the Asian session and moved to the upside on European hours accelerating after rising again above 0.7620.
NZD/USD gains for the third day
Price peaked at 0.7665, the strongest level since March 25. Currently trades at 0.7640, 55 pips above today’s opening price. From Monday’s low it has risen 225 pips.
The rally of NZD/USD brought the price near March highs that lie at 0.7697; if it breaks higher it would be trading at the strongest level since mid January.
