AUD Trading Outlook (30-03-2011)
The Australian Dollar (AUD) was very strong bouncing off European lows to resume rallying back to the 1.0300 resistance. 1.0300 is forming as a key resistance to the march higher and the AUD/USD will need to close above the figure to open up higher levels. Overall the AUD/USD traded with a low of 1.0203 and a high of 1.0316 before closing the day at 1.0280 in the New York session.
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