AUDUSD Movement
For the 24 hours to 23:00 GMT, the AUD strengthened 0.60% against the USD to close at 0.8204, following cheerful employment report in Australia.
LME Copper prices rose 1.63% or $92.0/MT to $5719.0/MT. Aluminium prices rose 0.85% or $15.0/MT to $1782.5/MT.
In the Asian session, at GMT0400, the pair is trading at 0.8241, with the AUD trading 0.45% higher from yesterday’s close.
The pair is expected to find support at 0.8161, and a fall through could take it to the next support level of 0.8082. The pair is expected to find its first resistance at 0.8309, and a rise through could take it to the next resistance level of 0.8377.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
