USD Trading Outlook (21-03-2014)

The Australian Dollar (AUD): Sell off continued from Europe session to NY.The pair dropped below 0.90 to 0.8995 as copper slid and equity market set to open lower. However, no further loss was seen as exporter bids into 0.8980-90 support zone. AUD then slowly climbed higher to 0.9053-55. Little data due for today, investors will be focusing on how the CNY & CNH market level move.

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