AUD Trading Outlook (28-04-2011)

The Australian Dollar (AUD) tracked the Euro and stock markets to fresh post float highs with big figure resistance the only thing slowing the Aussie down. AUD/JPY reclaimed Y89 and is targeting the key Y90 level. Overall the AUD/USD traded with a low of 1.0777 and a high of 1.0881 before closing the day at 1.0850 in the New York session. UPDATE RBNZ held at 2.5%.

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