AUDUSD Movement
For the 24 hours to 23:00 GMT, AUD strengthened 0.38% against the USD to close at 0.9151.
LME Copper prices ended flat or $1.5/MT to $ 6920.5/MT. Aluminium prices declined 0.4% or $7.0/MT to $1767.5/MT.
In the Asian session, at GMT0300, the pair is trading at 0.9129, with the AUD trading 0.24% lower from yesterday’s close.
This morning, the Australian performance of construction index rose to a reading of 39.5 in June, from a reading of 35.3 recorded in May.
The pair is expected to find support at 0.9082, and a fall through could take it to the next support level of 0.9036. The pair is expected to find its first resistance at 0.9179, and a rise through could take it to the next resistance level of 0.9230.
The currency pair is trading between its 20 Hr and 50 Hr moving averages.
