Investing.com - The Australian Dollar was lower against the U.S. Dollar on Monday after the release of Australian data on Trade Balance.
AUD/USD was trading at 1.0407, down 0.61% at time of writing.
The pair was likely to find support at 1.0394, today’s low, and resistance at 1.0661, Wednesday’s high.
Earlier in the day, official data showed that Australia’s trade balance rose less-than-expected to a seasonally adjusted 1.83B last month from 2.05B in the preceding month.
Analysts had expected Australia’s trade balance to rise 1.90B last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.20% to hit 1.3067 and AUD/JPY falling 0.72% to hit 80.65.
AUD/USD was trading at 1.0407, down 0.61% at time of writing.
The pair was likely to find support at 1.0394, today’s low, and resistance at 1.0661, Wednesday’s high.
Earlier in the day, official data showed that Australia’s trade balance rose less-than-expected to a seasonally adjusted 1.83B last month from 2.05B in the preceding month.
Analysts had expected Australia’s trade balance to rise 1.90B last month.
Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.20% to hit 1.3067 and AUD/JPY falling 0.72% to hit 80.65.