AUDUSD Movement
For the 24 hours to 23:00 GMT, the AUD weakened 0.41% against the USD to close at 0.7705.
LME Copper prices rose 0.70% or $40.0/MT to $5765.0/MT. Aluminium prices rose 0.60% or $10.0/MT to $1690.5/MT.
In the Asian session, at GMT0300, the pair is trading at 0.7734, with the AUD trading 0.37% higher from yesterday’s close.
Earlier today, data showed that job vacancies in Australia rose increased 2.1% in May, compared to a revised rise of 1.4% in the previous month.
The pair is expected to find support at 0.7687, and a fall through could take it to the next support level of 0.7640. The pair is expected to find its first resistance at 0.7777, and a rise through could take it to the next resistance level of 0.7820.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
