Investing.com - The Australian dollar was lower against its U.S. counterpart on Tuesday, as a downbeat Chinese economic growth report weighed and demand for the greenback remained broadly supported.
AUD/USD hit 0.8160 during late Asian trade, the pair's lowest since January 15; the pair subsequently consolidated at 0.8203, easing 0.09%.
The pair was likely to find support at 0.8066, the low of January 14 and resistance at 0.8300, the high of January 15.
Data earlier showed that China's gross domestic product rose 1.5% in the last quarter, disappointing expectations for a growth rate of 1.7% and down from 1.9% in the third quarter.
China is Australia's biggest export partner.
Meanwhile, the greenback remained broadly supported after the Swiss National Bank shocked markets last Thursday by abandoning its three-year old 1.20 per euro exchange rate cap.
The Aussie was higher against the New Zealand dollar, with AUD/NZD climbing 0.56% to 1.0609.
Earlier Tuesday, the New Zealand Institute of Economic Research said its business confidence index rose to 23 in the fourth quarter from a reading of 19 in the three months to September.