Investing.com - The Australian dollar edged lower against its U.S. counterpart on Thursday, as investors eyed U.S. jobless claims data to be released later in the day for further indications on the strength of the economy.
AUD/USD hit 0.7802 during late Asian trade, the pair's lowest since March 23; the pair subsequently consolidated at 0.7831, slipping 0.16%.
The pair was likely to find support at 0.7760, the low of March 23 and resistance at 0.7940, the high of March 24.
The greenback weakened on Wednesday after the U.S. Commerce Department said that total durable goods orders, which include transportation items, declined 1.4% last month, compared to expectations for a gain of 0.4%.
Core durable goods orders, excluding volatile transportation items, inched down 0.4% in February, disappointing forecasts for a 0.3% gain.
The U.S. dollar has come under pressure since the Federal Reserve indicated last week that it may raise interest rates more gradually than markets had expected.
The Aussie was also lower against the euro, with EUR/AUD rising 0.29% to 1.4025.