Reversing direction, the New Zealand dollar strengthened against most major currencies in Europe on Tuesday.

The kiwi spiked up to a weekly high of 1.0129 against the aussie, off early low of 1.0198.

The kiwi climbed to 0.7512 against the greenback and 89.70 against the yen, following a decline of 0.7436 and near a 2-week low of 89.01, respectively in previous deals.

If the kiwi extends rise, it may find upside target around 0.775 against the greenback, 92.5 against the yen and 1.00 against the aussie.

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