AUD Trading Outlook (18-02-2011)

The Australian Dollar (AUD) pushed another cent higher with sellers happy to wait for higher level the market flooded back into the high yielder. All time highs are close at 1.0257 and could be the topside target for buyers in the short term. Overall the AUD/USD traded with a low of 1.0021 and a high of 1.0132 before closing the day at 1.0120 in the New York session.

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