Australian Dollar Trades Higher Against Most Majors
August 26 2016 - 5:30AM
RTTF2
Erasing early losses, the Australian dollar traded higher
against most major rivals in early New York trading on Friday.
The aussie climbed to a 3-day high of 0.9874 against the loonie
and an 8-day high of 1.4731 against the euro, off its early lows of
0.9834 and 1.4816, respectively.
The aussie strengthened to weekly highs of 0.7674 against
greenback and 76.90 against the yen, from its previous lows of
0.7615 and 76.55, respectively.
The next possible resistance for the aussie may be found around
0.78 against the greenback, 78.00 against the yen, 0.995 against
the loonie and 1.46 against the euro.
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