AUDUSD Movement
For the 24 hours to 23:00 GMT, the AUD rose 0.75% against the USD and closed at 0.8055.
LME Copper prices rose 0.6% or $38.0/MT to $6943.0/MT. Aluminium prices rose 0.1% or $2.5/MT to $2216.0/MT.
In the Asian session, at GMT0400, the pair is trading at 0.8095, with the AUD trading 0.5% higher against the USD from yesterday’s close.
The pair is expected to find support at 0.8024, and a fall through could take it to the next support level of 0.7953. The pair is expected to find its first resistance at 0.8136, and a rise through could take it to the next resistance level of 0.8177.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
