The Australian dollar strengthened against the other major currencies in the Asian session on Tuesday.

The Australian dollar rose to nearly a 5-month high of 1.4555 against the euro, nearly a 4-month high of 0.9692 against the Canadian dollar and nearly a 3-1/2-month high of 89.46 against the yen, from yesterday's closing quotes of 1.4614, 0.9655 and 88.96, respectively.

Against the U.S. dollar, the aussie advanced to a 1-week high of 0.7266 from yesterday's closing value of 0.7226.

If the aussie extends its uptrend, it is likely to find resistance around 1.44 against the euro, 0.97 against the loonie, 92.00 against the yen and 0.73 against the greenback.

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