Investing.com - The Australian Dollar was higher against the U.S. Dollar on Monday after the release of Australian data on Retail Sales.
AUD/USD was trading at 0.9980, up 0.21% at time of writing.
The pair was likely to find support at 0.9907, Friday’s low, and resistance at 1.0076, Wednesday’s high.
Earlier in the day, official data showed that Retail sales in Australia rose to a seasonally adjusted 0.30% last month from -0.80% in the preceding month whose figure was revised up from -1.10%.
Analysts had expected Australian retail sales to rise 0.30% last month.
Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.10% to hit 1.2950 and AUD/JPY rising 0.05% to hit 82.83.
AUD/USD was trading at 0.9980, up 0.21% at time of writing.
The pair was likely to find support at 0.9907, Friday’s low, and resistance at 1.0076, Wednesday’s high.
Earlier in the day, official data showed that Retail sales in Australia rose to a seasonally adjusted 0.30% last month from -0.80% in the preceding month whose figure was revised up from -1.10%.
Analysts had expected Australian retail sales to rise 0.30% last month.
Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.10% to hit 1.2950 and AUD/JPY rising 0.05% to hit 82.83.