Investing.com - The Australian Dollar was lower against the U.S. Dollar on Wednesday after the release of Australian data on House Price Index.
AUD/USD was trading at 1.0604, down 0.18% at time of writing.
The pair was likely to find support at 1.0528, Monday’s low, and resistance at 1.0685, Tuesday’s high.
Earlier in the day, official data showed that Australia’s official house price index fell more-than-expected to a seasonally adjusted -1.00% in the last quarter from -1.20% in the preceding quarter.
Analysts had expected Australian HPI to fall -0.60% in the last quarter.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.09% to hit 1.2330 and AUD/JPY falling 0.30% to hit 80.77.
AUD/USD was trading at 1.0604, down 0.18% at time of writing.
The pair was likely to find support at 1.0528, Monday’s low, and resistance at 1.0685, Tuesday’s high.
Earlier in the day, official data showed that Australia’s official house price index fell more-than-expected to a seasonally adjusted -1.00% in the last quarter from -1.20% in the preceding quarter.
Analysts had expected Australian HPI to fall -0.60% in the last quarter.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.09% to hit 1.2330 and AUD/JPY falling 0.30% to hit 80.77.