AUD Trading Outlook (16-04-2012)

Australian Dollar (AUD) the AUD/USD is being crunched lower as stock markets fall and the Chinese economy slows down faster than expected. The market is eyeing month lows new 1.0200 and then on to 1.000 if the risk off trading environment continues. Last year the market took the Aussie to 0.9500 at the height of the European Debt Crisis Fear.

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