Investing.com - The New Zealand dollar edged higher against its U.S. counterpart on Monday, but remained within close distance of a three-year trough as risk sentiment was hit after anti-austerity Syriza party won Greek national elections on Sunday.
NZD/USD hit 0.7406 during early European trade, the pair's lowest since November 2011; the pair subsequently consolidated at 0.7455, edging up 0.09%.
The pair was likely to find support at 0.7367 and resistance at 0.7533, Friday's high.
Markets were jittery as Syriza's victory sparked concerns over Greece's future in the euro zone.
Party leader Alexis Tsipras has pledged to renegotiate the terms of Greece's €240 billion bailout and reverse many of the austerity measures imposed by the European Union and International Monetary Fund.
The kiwi was steady against the Australian dollar, with AUD/NZD at 1.0608.