AUDUSD Movement
For the 24 hours to 23:00 GMT, the AUD weakened 0.22% against the USD to close at 0.9268.
LME Copper prices rose 1.3% or $86.0/MT to $6731.0/MT. Aluminium prices edged up 0.3% or $5.0/MT to $1840.5/MT.
In the Asian session, at GMT0300, the pair is trading at 0.9269, with the AUD trading tad higher from yesterday’s close, in a thin trading session on account of ANZAC day public holiday.
The pair is expected to find support at 0.9245, and a fall through could take it to the next support level of 0.9221. The pair is expected to find its first resistance at 0.9298, and a rise through could take it to the next resistance level of 0.9327.
The currency pair is trading between its 20 Hr and 50 Hr moving averages.
