AUD Trading Outlook (09-06-2011)

The Australian Dollar (AUD) risk off trading hurt the Aussie the most falling through support at 1.0680 and back below 1.0600 briefly before stabilizing later in the day. AUD/PJY broke below the key Y85 level with the market struggling to find support. Overall the AUD/USD traded with a low of 1.0587 and a high of 1.0713 before closing the day at 1.0630 in the New York session.

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