Investing.com - The Australian Dollar was lower against the U.S. Dollar on Monday after the release of U.S. data on Existing Home Sales.
AUD/USD was trading at 0.9846, down 1.63% at time of writing.
The pair was likely to find support at 0.9809, today’s low, and resistance at 1.0184, Wednesday’s high.
Earlier in the day, industry data showed that existing home sales rose unexpectedly to a seasonally adjusted annual rate of 4.97M last month from 4.90M in the preceding month whose figure was revised down from 4.91M.
Analysts had expected existing home sales to fall to 4.80M last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 1.53% to hit 1.3720 and AUD/JPY falling 1.64% to hit 75.71.
AUD/USD was trading at 0.9846, down 1.63% at time of writing.
The pair was likely to find support at 0.9809, today’s low, and resistance at 1.0184, Wednesday’s high.
Earlier in the day, industry data showed that existing home sales rose unexpectedly to a seasonally adjusted annual rate of 4.97M last month from 4.90M in the preceding month whose figure was revised down from 4.91M.
Analysts had expected existing home sales to fall to 4.80M last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 1.53% to hit 1.3720 and AUD/JPY falling 1.64% to hit 75.71.