Investing.com - The Australian dollar held steady against its U.S. counterpart on Tuesday, as demand for the greenback remained supported ahead of upcoming U.S. data this week, although data showing an increase in Australian home sales last month lent some support to the Aussie.
AUD/USD hit 0.9390 during late Asian trade, the session low; the pair subsequently consolidated at 0.9399, easing 0.07%.
The pair was likely to find support at 0.9361, the low of July 22 and resistance at 0.9462, the high of July 23.
Industry data earlier showed that Australian new home sales rose 1.2% in June, after a 4.3% decline the previous month.
Meanwhile, demand for the greenback remained supported ahead of the a U.S. employment report due later in the week and the upcoming Federal Reserve statement on Wednesday. Investors were also awaiting final data on U.S. second-quarter growth on Wednesday.
The Aussie was steady against the euro, with EUR/AUD inching up 0.01% to 1.4288.
Later in the day, the U.S. was to publish reports on house price inflation and consumer confidence.