AUD Trading Outlook (17-12-2010)

The Australian Dollar (AUD) was volatile grinding higher throughout the day towards 0.9900 before falling sharply into the start of the US session finding support at 0.9830. AUD/JPY remained above Y83 as the market found constant demand. Overall the AUD/USD traded with a low of 0.9829 and a high of 0.9909 before closing the US session at 0.9895.

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