AUDUSD Movement
For the 24 hours to 23:00 GMT, the AUD declined 0.96% against the USD and closed at 0.7702.
LME Copper prices declined 1.5% or $103.0/MT to $6970.0/MT. Aluminium prices rose 0.3% or $5.5/MT to $2149.5/MT.
In the Asian session, at GMT0300, the pair is trading at 0.7713, with the AUD trading 0.14% higher against the USD from yesterday’s close.
The pair is expected to find support at 0.7691, and a fall through could take it to the next support level of 0.7670. The pair is expected to find its first resistance at 0.7733, and a rise through could take it to the next resistance level of 0.7754.
The currency pair is trading between its 20 Hr and 50 Hr moving averages.
