AUDUSD Movement
For the 24 hours to 23:00 GMT, the AUD rose 0.48% against the USD and closed at 0.7703.
LME Copper prices rose 0.8% or $52.0/MT to $6977.0/MT. Aluminium prices rose 0.8% or $16.5/MT to $2108.5/MT.
In the Asian session, at GMT0400, the pair is trading at 0.7714, with the AUD trading 0.14% higher against the USD from yesterday’s close.
The pair is expected to find support at 0.7673, and a fall through could take it to the next support level of 0.7631. The pair is expected to find its first resistance at 0.7737, and a rise through could take it to the next resistance level of 0.7759.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
