The Australian dollar strengthened against the U.S. dollar and the euro in the early European session on Friday.
The aussie that fell to an early low of 1.3058 against the euro and a multi-month low of 1.0258 against the greenback reversed and is now trading at 1.2986 and 1.0337, respectively. The next upside target level for the aussie is seen at 1.285 against the euro and 1.04 against the greenback.
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