FXstreet.com (Barcelona) - There is room for further mild NZD/EUR appreciation, but not a lot, says Bank of New Zealand currency strategist Mike Jones, expanding that "positive relative growth and interest rate differentials is powerful tailwinds for the NZD/EUR", although according to BNZ long-run valuation model, "a sustained break above 0.7000 would be a bridge too far." Mr. Jones and his team look now for the NZD/EUR "to spend the rest of year in an elevated 0.6100-0.6600 range" the analyst says.