AUDUSD Movement
For the 24 hours to 23:00 GMT, AUD strengthened 1.71% against the USD on Friday to close at 0.9952.
In the Asian session at 4:00GMT, the pair is trading at 1.0003, 0.51% higher from the New York session close.
LME Copper prices rose 0.9% or $85.0/MT to $9,524.5/ MT. Aluminium prices rose 1.3% or $32.3/ MT to $2,507.5/ MT.
The pair is expected to find first short term resistance at 1.0049, with the next resistance levels at 1.0094 and 1.0221, subsequently. The first support for the pair is seen at 0.9922, followed by next supports at 0.9840 and 0.9713 respectively.
The currency pair is trading just above its 20 Hr and 50 Hr moving averages.
