AUD Trading Outlook (22-12-2010)

The Australian Dollar (AUD) remained the top choice for risk taking investors trading up to test parity before consolidating just below. EUR/AUD and GBP/AUD continue to trend lower and are adding support. Overall the AUD/USD traded with a low of 0.9916 and a high of 0.9995 before closing the US session at 0.9965.

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