Investing.com - The Australian Dollar was lower against the U.S. Dollar on Thursday after the release of U.S. data on Pending Home Sales.
AUD/USD was trading at 1.1005, down 0.15% at time of writing.
The pair was likely to find support at 1.0796, Monday’s low, and resistance at 1.1080, Wednesday’s high.
Earlier in the day, industry data showed that Pending home sales in the U.S. fell less-than-expected to a seasonally adjusted 2.4% last month from 8.2% in the preceding month.
Analysts had expected Pending home sales to fall to -2.0% last month.
Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.29% to hit 1.3002 and AUD/JPY falling 0.39% to hit 85.60.
AUD/USD was trading at 1.1005, down 0.15% at time of writing.
The pair was likely to find support at 1.0796, Monday’s low, and resistance at 1.1080, Wednesday’s high.
Earlier in the day, industry data showed that Pending home sales in the U.S. fell less-than-expected to a seasonally adjusted 2.4% last month from 8.2% in the preceding month.
Analysts had expected Pending home sales to fall to -2.0% last month.
Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.29% to hit 1.3002 and AUD/JPY falling 0.39% to hit 85.60.