AUDUSD Movement
For the 24 hours to 23:00 GMT, the AUD rose 0.20% against the USD and closed at 0.7079.
LME Copper prices declined 0.1% or $5.0/MT to $6210.0/MT. Aluminium prices declined 0.3% or $6.5/MT to $1981.0/MT.
In the Asian session, at GMT0300, the pair is trading at 0.7060, with the AUD trading 0.27% lower against the USD from yesterday’s close.
The pair is expected to find support at 0.7045, and a fall through could take it to the next support level of 0.7030. The pair is expected to find its first resistance at 0.7087, and a rise through could take it to the next resistance level of 0.7114.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
