FXstreet.com (Barcelona) - NZD/USD is consolidating its low levels after the last bearish movement during the Friday's American closing and today's Asian session which takes the pair from 1-year high at 0.7083 to post intra-day low at 0.6960.

During the European session, pair has been trading in a narrow range between 0.6960 and 0.6990, currently the pair is trading around 0.6980, 0.50% below today's opening price action at 0.8620.