AUDUSD Movement
For the 24 hours to 23:00 GMT, AUD weakened 0.89% against the USD to close at 1.0008.
In the Asian session at 4:00GMT, the pair is trading at 1.0032, 0.24% lower from the New York session close.
LME Copper prices declined 4.3% or $414.3/MT to $9,195.3/ MT. Aluminium prices declined 1.3% or $33.0/ MT to $2,546.3/ MT.
The pair is expected to find first short term resistance at 1.0075, with the next resistance levels at 1.0118 and 1.0204, subsequently. The first support for the pair is seen at 0.9989, followed by next supports at 0.9946 and 0.9860 respectively.
The currency pair is trading between its 20 Hr and 50 Hr moving averages.
