Investing.com - The Australian Dollar was lower against the U.S. Dollar on Tuesday after the release of U.S. data on Trade Balance.
AUD/USD was trading at 1.0483, down 0.13% at time of writing.
The pair was likely to find support at 1.0391, today’s low, and resistance at 1.0583, Friday’s high.
Earlier in the day, official data showed that The U.S. trade balance fell more-than-expected to a seasonally adjusted -45.80B last month from -47.00B in the preceding month whose figure was revised down from -46.30B.
Analysts had expected U.S. trade balance to fall -45.70B last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.50% to hit 1.3825 and AUD/JPY falling 1.13% to hit 87.79.
AUD/USD was trading at 1.0483, down 0.13% at time of writing.
The pair was likely to find support at 1.0391, today’s low, and resistance at 1.0583, Friday’s high.
Earlier in the day, official data showed that The U.S. trade balance fell more-than-expected to a seasonally adjusted -45.80B last month from -47.00B in the preceding month whose figure was revised down from -46.30B.
Analysts had expected U.S. trade balance to fall -45.70B last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.50% to hit 1.3825 and AUD/JPY falling 1.13% to hit 87.79.