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

The Australian dollar fell to nearly a 7-1/2-month low of 1.5230 against the euro and more than a 1-1/2-month low of 1.1016 against the NZ dollar, from early highs of 1.5062 and 1.1073, respectively.

Against the yen and the Canadian dollar, the aussie dropped to more than a 2-week low of 89.64 and nearly a 2-week low of 0.9468 from early highs of 90.21 and 0.9508, respectively.

The aussie edged down to 0.7265 against the U.S. dollar, from an early high of 0.7302.

If the aussie extends its downtrend, it is likely to find support around 1.53 against the euro, 1.06 against the kiwi, 89.00 against the yen, 0.93 against the loonie and 0.71 against the greenback.

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