Investing.com - The Australian Dollar was lower against the U.S. Dollar on Monday after the release of U.S. data on New Home Sales.
AUD/USD was trading at 0.9744, down 0.36% at time of writing.
The pair was likely to find support at 0.9622, today’s low, and resistance at 1.0292, Wednesday’s high.
Earlier in the day, official data showed that new home sales in the U.S. fell less-than-expected to a seasonally adjusted annual rate of 295K last month from 302K in the preceding month whose figure was revised up from 298K.
Analysts had expected new home sales to fall to 293K last month.
Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.06% to hit 1.3796 and AUD/JPY falling 0.50% to hit 74.52.
AUD/USD was trading at 0.9744, down 0.36% at time of writing.
The pair was likely to find support at 0.9622, today’s low, and resistance at 1.0292, Wednesday’s high.
Earlier in the day, official data showed that new home sales in the U.S. fell less-than-expected to a seasonally adjusted annual rate of 295K last month from 302K in the preceding month whose figure was revised up from 298K.
Analysts had expected new home sales to fall to 293K last month.
Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.06% to hit 1.3796 and AUD/JPY falling 0.50% to hit 74.52.