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

The Australian dollar rose to a 5-day high of 79.62 against the yen, from yesterday's closing value of 79.28.

Against the U.S. and the Canadian dollars, the aussie advanced to 0.7625 and 1.0169 from an early 4-day lows of 0.7589 and 1.0101, respectively.

Against the euro, the aussie edged up to 1.4268 from yesterday's closing value of 1.4295.

If the aussie extends its uptrend, it is likely to find resistance around 80.00 against the yen, 0.77 against the greenback, 1.03 against the loonie and 1.41 against the euro.

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