AUD Trading Outlook (24-03-2011)

The Australian Dollar (AUD) ignored the EUR/USD weakness to track the US stock markets higher and outperform the rest of the market. AUD/NZD is staying close to the 1.3700 level but finding lots of selling pressure above the figure. Overall the AUD/USD traded with a low of 1.0063 and a high of 1.0158 before closing the day at 1.0130 in the New York session.

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