AUD Trading Outlook (30-06-2011)

The Australian Dollar (AUD) was one of the strongest currencies in the market with the risk currency surging to 1.0700 with the improving investor mood. The market is ready for more gains but attention is still been made towards China data later in the week. Overall the AUD/USD traded with a low of 1.0517 and a high of 1.0704 before closing the day at 1.0685 in the New York session.

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