New Zealand dollar hovers around 0.64260 after a great run

The New Zealand dollar breached a stiff resistance price level at 0.63720 in yesterday's trades after three days consolidation period and took advantage of the falling U.S. dollar. The Kiwi dollar reached 0.63410 before making a few dips to around the middle of the price channel during the U.S. session.
The Kiwi dollar pushed further to around 0.64377 during the Asian session but retreats to 0.64260 during the time of reporting. The New Zeland dollar needs to remain above 0.64045 to maintain the current uptrend.