USD Trading Outlook (25-02-2014)
The Australian Dollar (AUD): The pair fell back to a low of 0.8937 in Asia session due to higher USD/CNH. However, Europe saw the downside movement was limited and begun squeezing shorts. 0.90 level was first rejected but USD weakness showed across the board, bulls took advantage and pushed AUD up to a high of 0.9050.
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