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2014.04.2408:04:00UTC+00NZ Dollar Falls Against Majors

Reversing direction, the New Zealand dollar slipped against other major currencies in the European session on Thursday.

The kiwi declined to 1.0818 against the aussie and 87.71 against the yen, reversing from an early 2-week high of 1.0762 and a 9-day high of 88.50, respectively.

The kiwi reached a 2-day low of 0.8565 against the greenback, off early Asian session's weekly high of 0.8637.

The kiwi that hit a weekly high of 1.6002 against the euro earlier reversed direction, falling to 1.6134.

The next possible downside target for the kiwi is seen around 0.85 against the greenback, 86.5 against the yen, 1.62 against the euro and 1.09 against the aussie.



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