Australian Dollar Rises Against Majors
May 24 2016 - 10:48PM
RTTF2
The Australian dollar strengthened against the other major
currencies in the pre-European session on Wednesday.
The Australian dollar rose to a 1-week high of 1.5449 against
the euro and a 2-day high of 79.44 against the yen, from early lows
of 1.5528 and 78.98, respectively.
Against the U.S. and the New Zealand dollars, the aussie edged
up to 0.7219 and 1.0677 from early lows of 0.7174 and 1.0634,
respectively.
If the aussie extends its uptrend, it is likely to find
resistance around 1.49 against the euro, 82.00 against the yen,
0.75 against the greenback and 1.09 against the kiwi.
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