Investing.com - The Australian Dollar was higher against the U.S. Dollar on Tuesday after the release of U.S. data on Housing Starts.
AUD/USD was trading at 1.0302, up 0.78% at time of writing.
The pair was likely to find support at 1.0149, Monday’s low, and resistance at 1.0398, Friday’s high.
Earlier in the day, official data showed that the number of housing starts in the U.S. fell more-than-expected to a seasonally adjusted 0.57M last month, from 0.60M in the preceding month.
Analysts had expected the number of housing starts to fall to 0.59M last month.
Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.78% to hit 1.3287 and AUD/JPY rising 0.58% to hit 78.73.
AUD/USD was trading at 1.0302, up 0.78% at time of writing.
The pair was likely to find support at 1.0149, Monday’s low, and resistance at 1.0398, Friday’s high.
Earlier in the day, official data showed that the number of housing starts in the U.S. fell more-than-expected to a seasonally adjusted 0.57M last month, from 0.60M in the preceding month.
Analysts had expected the number of housing starts to fall to 0.59M last month.
Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.78% to hit 1.3287 and AUD/JPY rising 0.58% to hit 78.73.