The NZ dollar strengthened against the other major currencies in the Asian session on Friday.
The NZ dollar rose to nearly a 4-week high of 1.5766 against the euro, from yesterday's closing quote of 1.5811.
The kiwi, which ended yesterday's deals at 92.18 against the yen strengthened to a 1-week high of 92.60.
Against the Australia and U.S. dollars, the kiwi appreciated to 2-day highs of 1.0494 and 0.7786 from yesterday's closing quotes of 1.0510 and 0.7755, respectively.
If the kiwi extends its uptrend, it is likely to find resistance around 1.56 against the euro, 93.70 against the yen, 1.045 against the aussie and 0.78 against the greenback.
The material has been provided by InstaForex Company – www.instaforex.com