For the 24 hours to 23:00 GMT, the AUD declined 0.34% against the USD and closed at 0.6959.
LME Copper prices rose 2.4% or $145.5/MT to $6,339.5/MT. Aluminium prices climbed 2.5% or $40.5/MT to $1,659.5/MT.
In the Asian session, at GMT0400, the pair is trading at 0.6943, with the AUD trading 0.23% lower against the USD from yesterday’s close.
The pair is expected to find support at 0.6918, and a fall through could take it to the next support level of 0.6894. The pair is expected to find its first resistance at 0.6984, and a rise through could take it to the next resistance level of 0.7026.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
