For the 24 hours to 23:00 GMT, the AUD declined 0.32% against the USD and closed at 0.7549.
LME Copper prices declined 0.4% or $23.5/MT to $5650.0/MT. Aluminium prices declined 1.2% or $23.5/MT to $1865.5/MT.
In the Asian session, at GMT0300, the pair is trading at 0.7548, with the AUD trading a tad lower against the USD from yesterday’s close.
The pair is expected to find support at 0.7534, and a fall through could take it to the next support level of 0.7520. The pair is expected to find its first resistance at 0.7569, and a rise through could take it to the next resistance level of 0.7590.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
