AUDUSD Movement
For the 24 hours to 23:00 GMT, AUD strengthened 0.48% against the USD to close at 1.0756.
In the Asian session, at GMT0400, the pair is trading at 1.0772, with the AUD trading 0.16% higher from yesterday’s close.
LME Copper prices declined 0.1% or $4.8/MT to $ 8435.8/ MT. Aluminium prices rose 0.6% or $14.0/MT to $ 2266.8/ MT.
The pair is expected to find support at 1.0687, and a fall through could take it to the next support level of 1.0602. The pair is expected to find its first resistance at 1.0821, and a rise through could take it to the next resistance level of 1.0870.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
