Investing.com - The Australian Dollar was higher against the U.S. Dollar on Wednesday after the release of Australian data on Construction Work Done.
AUD/USD was trading at 0.9839, up 0.03% at time of writing.
The pair was likely to find support at 0.9809, Monday’s low, and resistance at 1.0107, Friday’s high.
Earlier in the day, official data showed that The value of Australian construction work done rose more-than-expected to a seasonally adjusted 12.5% in the last quarter from -0.1% in the preceding quarter whose figure was revised down from 0.7%.
Analysts had expected Australian construction work done to rise to 2.0% in the last quarter.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.07% to hit 1.3741 and AUD/JPY falling 0.001% to hit 75.71.
AUD/USD was trading at 0.9839, up 0.03% at time of writing.
The pair was likely to find support at 0.9809, Monday’s low, and resistance at 1.0107, Friday’s high.
Earlier in the day, official data showed that The value of Australian construction work done rose more-than-expected to a seasonally adjusted 12.5% in the last quarter from -0.1% in the preceding quarter whose figure was revised down from 0.7%.
Analysts had expected Australian construction work done to rise to 2.0% in the last quarter.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.07% to hit 1.3741 and AUD/JPY falling 0.001% to hit 75.71.