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AUD/USD dumps 30 pips on trade data

FXStreet (Guatemala) - AUD/USD is trading at 0.9463, down -0.35% on the day, having posted a daily high at 0.9500 and low at 0.9463.

AUD/USD is significantly lower, dumping after the release of the trade figures. The Australian trade balance (May) came at -1,911M vs -122M last, with exports (May) at -5% vs -1% last, while imports (May) stood at -1% vs +2% last. See here for key points.

AUD/USD Levels

Current price is 0.9464, with resistance ahead at 0.9472 (Daily Classic PP), 0.9478 (Hourly 20 EMA), 0.9497 (Monthly High), 0.9497 (Weekly High) and 0.9497 (YTD High). Next support to the downside can be found at 0.9463 (Weekly Classic R1), 0.9463 (Daily Low), 0.9438 (Daily Classic S1), 0.9428 (Hourly 100 SMA) and 0.9414 (Hourly 200 SMA).

Australian trade balance deep into the red

The Australian trade balance (May) came at -1,911M vs -122M last, with exports (May) at -5% vs -1% last, while imports (May) stood at -1% vs +2% last.
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EUR/AUD leaves 1.44 behind on Aussie trade data

EUR/AUD is trading at 1.4451, up 0.35% on the day, having posted a daily high at 1.4460 and low at 1.4400.
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