Investing.com - The New Zealand dollar was almost unchanged against its U.S. counterpart on Tuesday, hovering close to three-year lows as investors remained cautious after the outcome of Greek national elections on Sunday.
NZD/USD hit 0.7442 during late Asian trade, the session high; the pair subsequently consolidated at 0.7423.
The pair was likely to find support at 0.7398, Monday's low and a three-year low and resistance at 0.7533, the high of January 23.
Markets were still jittery after anti-austerity Syriza party's sweeping election victory in Greece amid concerns over its pledge to renegotiate the terms of Greece's €240 billion international bailout, which could cause the country to leave the euro zone.
Separately, investors were looking ahead to the outcome of Wednesday’s Federal Reserve meeting, with the bank expected to stick to its pledge to be patient on tightening monetary policy.
The kiwi was steady against the Australian dollar, with AUD/NZD at 1.0675.
Also Tuesday, the National Australia Bank reported that its business confidence index rose to 2 in December from a reading of 1 the previous month.
Later in the day, the U.S. was to release data on durable goods orders, as well as private sector reports on consumer confidence and new home sales.