AUD Trading Outlook (09-11-2010)

The Australian Dollar (AUD) dipped back to 1.01 supports before rallying into the US close as selling subsided and fresh buying resumed. The uptrend is firmly in place and the market is eyeing fresh all time highs on the next bout of USD weakness. Overall the AUD/USD traded with a low of 1.0077 and a high of 1.0168 before closing the US session at 1.0130.

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