AUD Trading Outlook (26-01-2011)
The Australian Dollar (AUD) weakness in Oil and Gold led the Aussie lower, with 0.9900 and 1.0000 containing the day& rsquo s action. Support for the Aussie still remains but the outlook is much harder with Chinese fears and USD strength going forward. Overall the AUD/USD traded with a low of 0.9889 and a high of 0.9995 before closing the US session at 0.9960.
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