AUD Trading Outlook (18-11-2010)

The Australian Dollar (AUD) was well supported as the market finished selling and bargain hunters came back into the market. AUD/JPY demand is helping to underpin with traders targeting Y85 as USD/JPY begins to climb. Overall the AUD/USD traded with a low of 0.9724 and a high of 0.9836 before closing the US session at 0.9820.

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