Retreating from early highs, the Australian dollar fell against most major opponents in New York deals on Tuesday.
The aussie slipped to a 7-1/2-month low of 0.8844 against the greenback and a 2-1/2-month low of 1.4546 against the euro, off early highs of 0.8926 and 1.4401, respectively.
The aussie fell to 0.9770 against the loonie, from an early 4-day high of 0.9832.
Reversing from an early high of 96.97 against the yen, the aussie fell back with pair trading at 96.38. The aussie is thus nearing its early multi-week low of 96.19.
The aussie is likely to find support around 0.88 against the greenback, 95.5 against the yen, 1.46 against the euro and 0.97 against the loonie.
The material has been provided by InstaForex Company – www.instaforex.com