AUD Trading Outlook (25-02-2011)

The Australian Dollar (AUD) the market shrugged off risk aversion caused from Libya to buy the Aussie on any pull back and finished at day highs on a strong footing. AUD/NZD is testing 1.3500 and threatening to break higher. Overall the AUD/USD traded with a low of 0.9998 and a high of 1.0126 before closing the day at 1.0085 in the New York session.

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