(MENAFN- FxPro) The Australian dollar edged lower against its U.S. counterpart on Tuesday, after the Reserve Bank of Australian left interest rates on hold and as concerns over the consequences of Sunday's referendum in Greece continued to weigh.
AUD/USD hit 0.7465 during late Asian trade, the session low; the pair subsequently consolidated at 0.7488, slipping 0.15%.
The pair was likely to find support at 0.7447, Monday's low and a six-year low and resistance at 0.7537, Monday's high.
In a widely expected move, the RBA held its benchmark interest rate at a record-low 2.00% on Tuesday.
Commenting on the decision, RBA Governor Glenn Stevens said that although the economy is growing at a below average pace, one good sign is that there are higher rates of borrowing.
Stevens added that while the Australian dollar had fallen against the US dollar, it has not dropped as much against other currencies.
Meanwhile, sentiment remained under pressure after Greek voters overwhelmingly rejected conditions of a rescue package from creditors on Sunday, adding to doubts over the country's future in the euro zone and deepened a standoff with its lenders.
European officials have indicated that they will only continue to finance Greece in return for far-reaching economic reforms.
Greek Prime Minister Alexis Tsipras welcomed the outcome of the vote and said Athens was returning to negotiations with the express goal of reopening banks, which have been shut for over a week after capital controls were imposed.
International Monetary Fund Managing Director Christine Lagarde warned Athens on Monday that policy prohibits lending to countries that have missed payments, although it can offer advice of the staff.
Without more emergency funding from the European Central Bank, Greece's banks could run out of cash within days.
The Aussie was higher against the euro, with EUR/AUD edging down 0.17% to 1.4717.
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