AUDUSD Movement
For the 24 hours to 23:00 GMT, the AUD weakened 0.23% against the USD to close at 0.7793.
LME Copper prices rose 0.53% or $30.0/MT to $5720.0/MT. Aluminium prices rose 0.28% or $5.0/MT to $1802.0/MT.
In the Asian session at 4:00GMT, the Australian Dollar is trading at 0.7808, 0.19% higher from yesterday’s close at 23:00 GMT.
The pair is expected to find first short term resistance at 0.7850, with the next resistance levels at 0.7892. The first support for the pair is seen at 0.7761, followed by next support at 0.7715 respectively.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
