The Australian dollar bounced off from its previous lows against its major rivals in European morning deals on Tuesday.
The aussie recovered to 0.9945 against the loonie and 1.0791 against the kiwi, from its early lows of 0.9906 and 1.0753, respectively.
The aussie that fell to 5-day lows of 0.6919 against the greenback, 81.48 against the yen and 1.5705 against the euro in early deals, bounced off to 0.6963, 82.26 and 1.5567, respectively.
If the aussie extends gain, it may find resistance around 0.72 against the greenback, 84.00 against the yen, 1.54 against the euro, 1.02 against the loonie and 1.10 against the kiwi.
The material has been provided by InstaForex Company – www.instaforex.com