Reversing direction, the Australian dollar fell against most major currencies in European deals on Monday.
The aussie dropped to 1.0108 against the kiwi and 0.7764 against the greenback, from early highs of 1.0154 and 0.7826, respectively.
The aussie reversed from early more than 3-week high of 93.14 against the yen and edged down to 92.45.
The aussie is likely to find downside target around 0.77 against the greenback, 92.00 against the yen and 1.00 against the kiwi.
The material has been provided by InstaForex Company – www.instaforex.com