AUDUSD Movement
For the 24 hours to 23:00 GMT, the AUD declined 0.12% against the USD and closed at 0.6858.
LME Copper prices declined 1.6% or $28.0/MT to $5794.0/MT. Aluminium prices declined 0.5% or $26.0/MT to $1707.5/MT.
In the Asian session, at GMT0300, the pair is trading at 0.6837, with the AUD trading 0.31% lower against the USD from yesterday’s close.
The pair is expected to find support at 0.6821, and a fall through could take it to the next support level of 0.6805. The pair is expected to find its first resistance at 0.6867, and a rise through could take it to the next resistance level of 0.6897.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
