Australian Dollar Climbs Against Majors
27 August 2020 - 3:06PM
RTTF2
The Australian dollar advanced against its major counterparts in
the European session on Thursday.
The aussie spiked up to 77.01 against the yen, its highest level
since May 2019.
The aussie rose to 8-day highs of 0.7263 against the greenback
and 0.9543 against the loonie, from its early lows of 0.7227 and
0.9499, respectively.
The aussie recovered to 1.0934 against the kiwi, from a 2-week
low of 1.0898 hit at 9:45 pm ET.
After having fallen to 1.6363 at 10:15 pm ET, the aussie
appreciated to a 5-week high of 1.6298 against the euro.
The next possible resistance for the aussie is seen around 1.60
against the euro, 0.75 against the greenback, 0.98 against the
loonie, 79.00 against the yen and 1.12 against the kiwi.
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