AUD Trading Outlook (16-09-2011)

The Australian Dollar (AUD) the Aussie retested 1.0180 for a second day and put in a triple bottom which is normally a very solid buy indicator. The risk currency then rallied with stocks to 1.0350 and is well supported on the crosses. The outcome of the EU meeting today and tomorrow will set the tone for next week and Monday&rsquo s open.

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