The Australian dollar extended its early slide against most major currencies in European trading on Wednesday.
The aussie declined to a 9-day low of 0.7172 against the greenback, near 3-week low of 87.98 against the yen and a 4-week low of 1.5245 against euro, compared to Tuesday’s closing values of 0.7214, 88.67 and 1.5092, respectively.
The aussie pared gains to 0.9755 against the loonie, off its early 2-day high of 0.9824.
The aussie may locate support around 0.70 against the greenback, 87.00 against the yen, 1.54 against the euro and 0.965 against the loonie.
The material has been provided by InstaForex Company – www.instaforex.com