AUDUSD Movement
For the 24 hours to 23:00 GMT, the AUD rose 0.48% against the USD and closed at 0.6884.
LME Copper prices rose 0.6% or $34.5/MT to $6161.0/MT. Aluminium prices rose 0.4% or $7.5/MT to $1765.5/MT.
In the Asian session, at GMT0400, the pair is trading at 0.6896, with the AUD trading 0.17% higher against the USD from yesterday’s close.
The pair is expected to find support at 0.6871, and a fall through could take it to the next support level of 0.6846. The pair is expected to find its first resistance at 0.6911, and a rise through could take it to the next resistance level of 0.6926.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
