AUD Trading Outlook (28-09-2011)

The Australian Dollar (AUD) the market catapulted towards the critical parity level at 1.0000 but the stock market spike ran out of steam and when profit taking started late in the US session we saw the AUD/USD come off sharply. AUD/JPY supported as the key cross moved higher to Y76.70 up over 300 pips from Monday&rsquo s low.

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