Investing.com - The Australian Dollar was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Core Durable Goods Orders.
AUD/USD was trading at 1.0471, down 0.53% at time of writing.
The pair was likely to find support at 1.0315, Friday’s low, and resistance at 1.0535, Tuesday’s high.
Earlier in the day, official data showed that U.S. core durable goods orders rose unexpectedly to a seasonally adjusted 0.7% last month from 0.6% in the preceding month whose figure was revised up from 0.1%.
Analysts had expected Core durable goods orders to fall -0.4% last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.42% to hit 1.3778 and AUD/JPY falling 0.08% to hit 80.62.
AUD/USD was trading at 1.0471, down 0.53% at time of writing.
The pair was likely to find support at 1.0315, Friday’s low, and resistance at 1.0535, Tuesday’s high.
Earlier in the day, official data showed that U.S. core durable goods orders rose unexpectedly to a seasonally adjusted 0.7% last month from 0.6% in the preceding month whose figure was revised up from 0.1%.
Analysts had expected Core durable goods orders to fall -0.4% last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.42% to hit 1.3778 and AUD/JPY falling 0.08% to hit 80.62.