Investing.com - The Australian dollar was almost unchanged against its U.S. counterpart on Monday, as concerns over geopolitical tensions in Ukraine and the Middle East continued to weigh.
AUD/USD hit 0.9385 during late Asian trade, the session low; the pair subsequently consolidated at 0.9391, dipping 0.01%.
The pair was likely to find support at 0.9336, the low of July 17 and resistance at 0.9456, the high of July 10.
Investors remained cautious after the downing of a Malaysian airliner in eastern Ukraine last week and ongoing fighting in Gaza continued to dominate market attention.
On Monday, some 100 Palestinians and 13 Israeli soldiers had been killed in a nearly two-week military offensive in the Gaza strip.
Meanwhile, monitors from the Organisation for Security and Cooperation in Europe were granted some limited access to the crash site in Ukraine on Saturday, a day after the organization complained "visibly intoxicated" gunmen blocked their way to the site.
The Aussie was fractionally lower against the euro, with EUR/AUD edging up 0.08% to 1.4413.