USD Trading Outlook (02-09-2014)

AUD/USD ran into resistance ahead of 0.9355 in early European trade after extending north from 0.9318 (Asia low). Light stops are tipped above 0.9355 (0.9356 = Fri NY session high), with offers mooted pre-0.9400. The RBA is expected to leave its cash rate at 2.5% at 0.30am ET Tues.

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