The Australian Dollar (AUD) recovers its losses registered in the previous session, edging higher on Tuesday.
Australian Dollar retraces its recent losses amid a stronger US Dollar. RBA minutes revealed that the board did not consider the possibility of increasing interest rates. US ISM Manufacturing PMI rose to 50.3 in March, reaching its highest level since September 2022. The Australian Dollar recovers its losses registered in the previous session, edging higher on Tuesday.
A breakthrough above the latter could lead the AUD/USD pair to reach the 23.6% Fibonacci retracement level of 0.6528 and the 21-day Exponential Moving Average at 0.6537, followed by the major resistance level of 0.6550. AUD/USD: Daily Chart Australian Dollar price today The table below shows the percentage change of the Australian Dollar against listed major currencies today. The Australian Dollar was the weakest against the Canadian Dollar. USD EUR GBP CAD AUD JPY NZD CHF USD 0.01% 0.01% 0.
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