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

The Australian dollar fell to a 6-year low of 0.7214 against the U.S. dollar, from yesterday's closing value of 0.7305.

The aussie dropped to 8-day lows of 90.33 against the yen and 1.1127 against the NZ dollar, from yesterday's closing quotes of 91.39 and 1.1165, respectively.

Against the euro and the Canadian dollar, the aussie slipped to an 8-month low of 1.5286 and nearly a 2-week low of 0.9489 from yesterday's closing quotes of 1.5113 and 0.9579, respectively.

If the aussie extends its downtrend, it is likely to find support around 0.71 against the greenback, 89.00 against the yen, 1.10 against the kiwi, 1.53 against the euro and 0.94 against the loonie.

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