AUDUSD Movement
For the 24 hours to 23:00 GMT, the AUD weakened 0.49% against the USD to close at 0.8080.
LME Copper prices declined 0.26% or $17.0/MT to $6399.0/MT. Aluminium prices declined 0.75% or $14.0/MT to $1846.0/MT.
In the Asian session, at GMT0300, the pair is trading at 0.806, with the AUD trading 0.25% lower from yesterday’s close.
The pair is expected to find support at 0.802, and a fall through could take it to the next support level of 0.7979. The pair is expected to find its first resistance at 0.8124, and a rise through could take it to the next resistance level of 0.8188.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
