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2010.08.0921:30:00UTC+00Australian Dollar Drops To 4-day Low Against Greenback

During early Asian trading on Tuesday, the Australian dollar declined against its US counterpart mainly due to across the board strengthening of the latter.

The aussie slipped to a 4-day low of 0.9153 against the greenback before reversing its direction slightly around 7:40 pm ET. If the pair weakens further, 0.91 is seen as the next likely support level.

The aussie-buck pair is presently worth near Monday's New York session closing value of 0.9168.

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