Australian Dollar Extends Advance Against Most Majors
07 March 2015 - 12:14AM
RTTF2
The Australian dollar continued its early rally against most
major rivals in European deals on Friday.
The aussie extended rally to 94.01 versus the yen, a level not
seen since January 28.
The aussie firmed to a 1-1/2-month high of 1.3991 against the
euro, 2-day highs of 0.9769 against the loonie and 0.7841 against
the greenback, from previous lows of 1.4179, 0.9708 and 0.7775,
respectively.
The next likely resistance for the aussie is seen around 0.80
against the greenback, 1.38 against the euro, 0.985 against the
loonie and 95.00 against the yen.
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