AUDUSD Movement
For the 24 hours to 23:00 GMT, the AUD declined 0.37% against the USD and closed at 0.6951.
LME Copper prices rose 0.5% or $310.0/MT to $6010.0/MT. Aluminium prices remained unchanged at $1795.5/MT.
In the Asian session, at GMT0300, the pair is trading at 0.6946, with the AUD trading 0.07% lower against the USD from yesterday’s close.
The pair is expected to find support at 0.6930, and a fall through could take it to the next support level of 0.6914. The pair is expected to find its first resistance at 0.6973, and a rise through could take it to the next resistance level of 0.7000.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
