Bouncing back from Thursday's 9-day low of 1.2673 against the Australian dollar, the New Zealand currency touched a 3-day high of 1.2547 in early Asian trading on Friday. The kiwi is poised to re-test the strong resistance line of 1.2540 against the aussie in the near-term and a move above this level could set its strongest mark in more than 6-months.
by RTT Staff Writer
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