AUD Trading Outlook (21-09-2012)

Australian Dollar (AUD) the AUD/USD was the hardest hit by the weak Chinese data with the pair slipping to week lows under 1.0400 founding support at the key 1.0380 level before rebounding to 1.0450. The market is now evenly poised with the pro-growth US/ECB countering the weak China outlook.

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