The Australian Dollar (AUD) sentiment shifted in Europe but not before fresh multi month lows printed on a break below 1.0480 support. Strong commodity and the bounce in US stocks the main catalyst but concerns over Greece and China still persist and could derail relief rally attempts. Overall the AUD/USD traded with a low of 1.0439 and a high of 1.0562 before closing the day at 1.0530 in the New York session.
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