The Australian dollar weakened against the other major currencies in the Asian session on Wednesday.

The Australian dollar fell to 1.4342 against the euro, from an early near 1-1/2-year high of 1.4290.

Against the U.S. dollar, the aussie dropped to 0.7661 from an early more than a 2-week high of 0.7690.

Against the yen, the New Zealand and the Canadian dollars, the aussie edged down to 79.54, 1.0625 and 1.0064 from yesterday's closing quotes of 79.83, 1.0658 and 1.0064, respectively.

If the aussie extends its downtrend, it is likely to find support around 1.46 against the euro, 0.75 against the greenback, 77.00 against the yen, 1.04 against the kiwi and 0.99 against the loonie.

AUD vs US Dollar (FX:AUDUSD)
Forex Chart
From Apr 2024 to May 2024 Click Here for more AUD vs US Dollar Charts.
AUD vs US Dollar (FX:AUDUSD)
Forex Chart
From May 2023 to May 2024 Click Here for more AUD vs US Dollar Charts.