AUD Trading Outlook (28-03-2011)

The Australian Dollar (AUD) the Aussie hit all time post float highs up near 1.0300 before coming under profit taking pressure and succumbing to USD strength. AUD/JPY crept higher as the uptrend continued post Japanese Earthquake sell off. Overall the AUD/USD traded with a low of 1.0184 and a high of 1.0294 before closing the day at 1.0252 in the New York session.

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