Investing.com - The Australian Dollar was lower against the U.S. Dollar on Tuesday after the release of U.S. data on Retail Sales.
AUD/USD was trading at 1.0184, down 0.21% at time of writing.
The pair was likely to find support at 1.0053, Thursday’s low, and resistance at 1.0342, Monday’s high.
Earlier in the day, official data showed that retail sales in the U.S. rose more-than-expected to a seasonally adjusted 0.5% last month, from 1.1% in the preceding month.
Analysts had expected retail sales to rise 0.4% last month.
Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.45% to hit 1.3302 and AUD/JPY falling 0.23% to hit 78.47.
AUD/USD was trading at 1.0184, down 0.21% at time of writing.
The pair was likely to find support at 1.0053, Thursday’s low, and resistance at 1.0342, Monday’s high.
Earlier in the day, official data showed that retail sales in the U.S. rose more-than-expected to a seasonally adjusted 0.5% last month, from 1.1% in the preceding month.
Analysts had expected retail sales to rise 0.4% last month.
Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.45% to hit 1.3302 and AUD/JPY falling 0.23% to hit 78.47.