AUDUSD Movement
For the 24 hours to 23:00 GMT, the AUD strengthened 0.10% against the USD to close at 0.9246, in a quiet trading session.
LME Copper prices declined 0.4% or $30.0/MT to $6991.0/MT. Aluminium prices rose 0.3% or $5.5/MT to $1781.5/MT.
In the Asian session, at GMT0300, the pair is trading at 0.9255, with the AUD trading 0.10% higher from yesterday’s close.
The pair is expected to find support at 0.9236, and a fall through could take it to the next support level of 0.9217. The pair is expected to find its first resistance at 0.9270, and a rise through could take it to the next resistance level of 0.9285.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
