Retreating from early highs, the Australian dollar weakened against its most major rivals in early New York deals on Monday.
The aussie was trading lower at 83.99 against the yen and 0.9328 against the loonie, easing from its prior highs of 84.74 and 0.9377, respectively.
The aussie pared gains to 1.6002 against the euro and 0.6982 against the greenback, from early highs of 1.5870 and 0.7036, respectively.
The aussie may possibly find support around 0.68 against the greenback, 83.00 against the yen, 0.92 against the loonie and 0.61 against the euro.
The material has been provided by InstaForex Company – www.instaforex.com