Reversing direction, the U.S. dollar rose against the Australian dollar in New York morning deals on Monday.
The greenback advanced to a 4-day high of 0.7398 against the aussie, up from an early Asian session’s decline of 0.7467. The greenback is likely to find resistance around the 0.73 zone.
The material has been provided by InstaForex Company – www.instaforex.com