The Australian dollar weakened against the other major currencies in the Asian session on Monday.

The Australian dollar fell to a 1-week low of 0.7170 against the U.S. dollar and a 6-day low of 88.05 against the yen, from last week's closing quotes of 0.7188 and 88.31, respectively.

Against the euro and the Canadian dollar, the aussie dropped to 1.4756 and 0.9591 from Friday's closing quotes of 1.4718 and 0.9610, respectively.

If the aussie extends its downtrend, it is likely to find support around 0.70 against the greenback, 87.00 against the yen, 1.51 against the euro and 0.94 against the loonie.

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