18.09.201701:26:00UTC+00Australian Dollar Rises Against Majors

The Australian dollar strengthened against other major currencies in the Asian session on Monday.

The Australian dollar rose to more than a 1-1/2-month high of 89.34 against the yen, from Friday's closing value of 88.66.

Against the U.S. and the Canadian dollars, the aussie advanced to a 5-day high of 0.8035 and a 1-week high of 0.9783 from last week's closing quotes of 0.7999 and 0.9729, respectively.

The aussie advanced to a 4-day high of 1.4874 against the euro, from an early 5-day low of 1.4936.

If the aussie extends its uptrend, it is likely to find resistance around 89.00 against the yen, 0.81 against the greenback, 1.00 against the loonie and 1.47 against the euro.