The Australian dollar bounced off from its early lows against most major currencies in early European deals on Tuesday.
The aussie was trading at 0.6984 against the greenback and 0.9362 against the loonie, off early 5-day low of 0.6937 and a 4-day low of 0.9301, respectively.
The aussie reversed from an early 3-week low of 82.82 against the yen and near a 5-week low of 1.6250 versus the euro, edging up to 83.73 and 1.6102, respectively.
The next possible resistance for the aussie may be located around 0.71 against the greenback, 84.7 against the yen, 0.945 against the loonie and 1.60 against the euro.
The material has been provided by InstaForex Company – www.instaforex.com