AUD Trading Outlook (29-09-2011)

The Australian Dollar (AUD) the Aussie was hit hardest overnight with the heavy stock market selloff and the Greece concerns compounded by China Trade war talks. Support broke at 0.9800 and then in late US session the market fell to 0.9750. The outlook is largely dependent on what happens in Europe but the new China negative news could also be a major factor.

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