Investing.com - The Australian dollar was higher against its U.S. counterpart on Wednesday, supported by positive consumer sentiment data from Australia.
AUD/USD hit 0.8234 during late Asian trade, the pair's highest since January 19; the pair subsequently consolidated at 0.8215, climbing 0.57%.
The pair was likely to find support at 0.8066, the low of January 14 and resistance at 0.8300, the high of January 15.
In a report, the Westpac Banking Corporation said that consumer sentiment rose to 2.4% this month, after a 5.7% decline in December.
The Aussie was fractionally higher against the New Zealand dollar, with AUD/NZD easing up 0.09% to 1.0712.
Also Wednesday, Statistics New Zealand reported that consumer price inflation fell 0.2% in the fourth quarter, compared to expectations for a flat reading, after a 0.3% rise in the three months to September.
Later in the day, the U.S. was to release data on building permits and housing starts.
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