The Australian dollar came off from early lows against most major currencies in early European deals on Tuesday.
The aussie was trading at 1.4106 against the euro, 0.8212 against the greenback and 0.9815 against the loonie, off early 4-day low of 1.4190, 5-day lows of 0.8159 and 0.9773, respectively.
The aussie recovered from an early low of 96.35 against the yen, edging up to 96.92. Further uptrend may take aussie to an 8-day high of 97.15.
The next possible resistance for the aussie lies around 0.85 against the greenback, 0.99 against the loonie, 98.00 against the yen and 1.39 against the euro.
The material has been provided by InstaForex Company – www.instaforex.com