For the 24 hours to 23:00 GMT, the AUD declined 3.85% against the USD and closed at 0.6638 on Friday.
LME Copper prices declined 0.8% or $43.5/MT to $5,624.0/MT. Aluminium prices fell 1.6% or $28.0/MT to $1,687.0/MT.
In the Asian session, at GMT0400, the pair is trading at 0.6521, with the AUD trading 1.76% lower against the USD from Friday’s close.
The pair is expected to find support at 0.6337, and a fall through could take it to the next support level of 0.6152. The pair is expected to find its first resistance at 0.6682, and a rise through could take it to the next resistance level of 0.6842.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
