AUD Trading Outlook (19-11-2010)

The Australian Dollar (AUD) tracked the improvement in investor sentiment to reclaim 0.9900. AUD/JPY in particular was strong pushing above Y82.50. The market will be watching to see if the Aussie can resume its uptrend or whether parity will remain a short term barrier. Overall the AUD/USD traded with a low of 0.9805 and a high of 0.9908 before closing the US session at 0.9880.

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