The Australian dollar declined against most major rivals in European deals on Monday.

The aussie fell to 4-day lows of 0.7102 versus the greenback and 0.9432 against the loonie, reversing from its early highs of 0.7162 and 0.9469, respectively.

The aussie reversed from its early highs of 1.5598 against the euro and 87.08 against the yen, edging down to 1.5803 and 86.17, respectively.

The aussie is likely to find support around 0.69 against the greenback, 0.93 against the loonie, 84.00 against the yen and 1.60 against the euro.

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