Investing.com - The Australian Dollar was lower against the U.S. Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence.
AUD/USD was trading at 1.0434, down 0.39% at time of writing.
The pair was likely to find support at 1.0148, Thursday’s low, and resistance at 1.0501, Monday’s high.
Earlier in the day, data showed that CB consumer confidence in the U.S. fell unexpectedly to a seasonally adjusted 39.8 last month from 46.4 in the preceding month whose figure was revised up from 45.4.
Analysts had expected CB consumer confidence to rise to 46.0 last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.27% to hit 1.3335 and AUD/JPY falling 0.55% to hit 79.27.
AUD/USD was trading at 1.0434, down 0.39% at time of writing.
The pair was likely to find support at 1.0148, Thursday’s low, and resistance at 1.0501, Monday’s high.
Earlier in the day, data showed that CB consumer confidence in the U.S. fell unexpectedly to a seasonally adjusted 39.8 last month from 46.4 in the preceding month whose figure was revised up from 45.4.
Analysts had expected CB consumer confidence to rise to 46.0 last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.27% to hit 1.3335 and AUD/JPY falling 0.55% to hit 79.27.