The Australian Dollar (AUD) bounced off trend line support to move above 1.0500 once again before easing slightly into the US Close. April Consumer Sentiment picked up +1.2% and general economic data has been quite strong out of Australia lately helping push the commodity currency higher. Overall the AUD/USD traded with a low of 1.0427 and a high of 1.0541 before closing the day at 1.0490 in the New York session.
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