FXstreet.com (London) - The Kiwi has gained nearly 35 pips so far this Asian session, and currently trades at 0.7118/20. The pair is gaining on the Dollar after trading in a range during the previous US session.

Resistance levels can be found 0.7189, a strong consolidation zone in Dec 16 session, amd after that 0.7223 (Dec 16 High).

For support in the case of a reversal, we look first at Dec 17 Low 0.7062 and after that next support level is around 0.7042 (Dec 8 Low).

Kiwi usually trades alongside the Aussie dollar, as the pair are strongly correlated. AUD/USD currently trades at 0.8898/00, up 51 pips.