Investing.com - The Australian Dollar was lower against the U.S. Dollar on Tuesday after the release of Australian data on Trade Balance.
AUD/USD was trading at 1.0703, down 0.29% at time of writing.
The pair was likely to find support at 1.0674, Friday’s low, and resistance at 1.0790, Friday’s high.
Earlier in the day, official data showed that Australia’s trade balance rose more-than-expected to a seasonally adjusted 2.33B last month from 1.62B in the preceding month whose figure was revised up from 1.60B.
Analysts had expected Australia’s trade balance to rise 1.91B last month.
Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.04% to hit 1.3541 and AUD/JPY falling 0.07% to hit 86.67.
AUD/USD was trading at 1.0703, down 0.29% at time of writing.
The pair was likely to find support at 1.0674, Friday’s low, and resistance at 1.0790, Friday’s high.
Earlier in the day, official data showed that Australia’s trade balance rose more-than-expected to a seasonally adjusted 2.33B last month from 1.62B in the preceding month whose figure was revised up from 1.60B.
Analysts had expected Australia’s trade balance to rise 1.91B last month.
Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.04% to hit 1.3541 and AUD/JPY falling 0.07% to hit 86.67.