Investing.com - The Australian Dollar was lower against the U.S. Dollar on Tuesday after the release of Australian data on Trade Balance.
AUD/USD was trading at 0.9484, down 0.46% at time of writing.
The pair was likely to find support at 0.9477, today’s low, and resistance at 0.9878, Thursday’s high.
Earlier in the day, official data showed that Australia’s trade balance rose more-than-expected to a seasonally adjusted 3.10B last month from 1.83B in the preceding month.
Analysts had expected Australia’s trade balance to rise 2.14B last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.57% to hit 1.3909 and AUD/JPY falling 0.38% to hit 72.72.
AUD/USD was trading at 0.9484, down 0.46% at time of writing.
The pair was likely to find support at 0.9477, today’s low, and resistance at 0.9878, Thursday’s high.
Earlier in the day, official data showed that Australia’s trade balance rose more-than-expected to a seasonally adjusted 3.10B last month from 1.83B in the preceding month.
Analysts had expected Australia’s trade balance to rise 2.14B last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.57% to hit 1.3909 and AUD/JPY falling 0.38% to hit 72.72.