For the 24 hours to 23:00 GMT, the AUD declined 4.90% against the USD and closed at 0.6603.
LME Copper prices declined 0.8% or $44.5/MT to $5,657.5/MT. Aluminium prices fell 0.3% or $4.5/MT to $1,672.5/MT.
In the Asian session, at GMT0400, the pair is trading at 0.6621, with the AUD trading 0.27% higher against the USD from yesterday’s close.
The pair is expected to find support at 0.6598, and a fall through could take it to the next support level of 0.6574. The pair is expected to find its first resistance at 0.6634, and a rise through could take it to the next resistance level of 0.6646.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
