The Australian dollar recouped its early losses against some of the major currencies in early European deals on Thursday.
The aussie bounced off to 0.7115 against the greenback, 0.9397 against the loonie and 85.95 against the yen, reversing from its prior lows of 0.7092, 0.9360 and 85.66, respectively.
The aussie is likely to find resistance around 0.72 against the greenback, 0.95 against the loonie and 87.00 against the yen.
The material has been provided by InstaForex Company – www.instaforex.com