AUD/USD: Australian Dollar trading higher this morning | GCI Forex ...

GCI Forex News - AUD/USD: Australian Dollar trading higher this morning

?

AUDUSD Movement

For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.31% against the USD to close at 1.0412.

LME Copper prices rose 0.3% or $24.0/MT to $8059.8/MT. Aluminium prices rose 0.8% or $15.5/MT to $2042.3/MT.

In the Asian session, at GMT0400, the pair is trading at 1.0418, with the AUD trading marginally higher from Friday?s close. Activity thin this morning with Australian markets closed for a National Holiday.

The pair is expected to find support at 1.0390, and a fall through could take it to the next support level of 1.0361. The pair is expected to find its first resistance at 1.0459, and a rise through could take it to the next resistance level of 1.0499.

The currency pair is trading below its 20 Hr and 50 Hr moving averages.

This entry was posted in AUD/USD. Bookmark the permalink.

Source: http://forexnews.gcitrading.com/currencies/audusd/audusd-australian-dollar-trading-higher-this-morning.htm

illinois primary 2012 michael bay zsa zsa gabor illinois primary trayvon martin 911 call kiribati vernal equinox