The Australian dollar bounced off from its early lows against its most major rivals in late Asian deals on Monday.

The aussie rose to 0.9538 against the loonie, 0.8257 against the greenback and 1.5079 against the euro, from early low of 0.9487, 4-1/2-year low of 0.8203 and near 9-month low of 1.5188, respectively.

The aussie hit a 2-day high of 1.0640 against the NZ dollar, off early 2-day low of 1.0564.

The next possible resistance for the aussie is seen around 0.85 against the greenback, 1.08 against the kiwi, 1.50 against the euro and 0.96 against the loonie.

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