USD Trading Outlook (07-04-2014)

The Australian Dollar (AUD): The miss on the NFP data and unemployment rate spiked USD lower which made the pair rallied to 0.9290 quickly and further lifted towards 0.9308 but was unable to break above it. Later in the session, the AUD just sat near hourly support at 0.9280. A relatively light US data week will put AUD trades focus on the March Oz jobs report on April 10th.

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