AUDUSD Movement
For the 24 hours to 23:00 GMT, the AUD slightly declined against the USD and closed at 0.7603.
LME Copper prices rose 0.92% or $64.0/MT to $6987.0/MT. Aluminium prices declined 9.38% or $230.0/MT to $2222.0/MT.
In the Asian session, at GMT0300, the pair is trading at 0.7586, with the AUD trading 0.22% lower against the USD from yesterday’s close.
The pair is expected to find support at 0.7572, and a fall through could take it to the next support level of 0.7557. The pair is expected to find its first resistance at 0.7611, and a rise through could take it to the next resistance level of 0.7635.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
