Investing.com - The Australian dollar edged lower against its U.S. counterpart on Monday, despite the release of positive Australian jobs data as global optimism over the strength of the U.S. economic recovery continued to support the greenback.
AUD/USD hit 0.9360 during late Asian trade, the session low; the pair subsequently consolidated at 0.9361 slipping 0.17%.
The pair was likely to find support at 0.9330, the low of Septeber 5 and resistance at 0.9401, the high of September 5 and a more than one-month high.
Data earlier showed that job advertisements in Australia rose by 1.5% last month, after a 0.5% increase in July, whose figure was revised from a previously estimated 0.3% gain.
The Australian dollar found some support however after official data showed that China's trade surplus widened unexpectedly in August to $49.8 billion from $47.3 billion the previous month.
Exports rose at an annualized rate of 9.4% last month, compared to expectations for a 8.0% rise.
China is Australia's biggest export partner.
Meanwhile, the greenback remained supported despite Friday’s disappointing employment data.
Data showed that the U.S. economy added 142,000 jobs last month, confounding expectations for jobs growth of 225,000. The unemployment rate ticked down to 6.1% from 6.2% in July.
The Aussie was fractionally lower against the euro, with EUR/AUD edging up 0.09% to 1.3824.