AUD Trading Outlook (12-10-2012)

Australian Dollar (AUD) the AUD/USD enjoyed gains yesterday as September Jobs reports showed more jobs were made last month than forecasted. The Unemployment Rate however did jump to 5.4% vs. 5.1% as more people returned to the labor market. Resistance was found at 1.0300 and the AUD/USD has been under pressure with the downtrend still in play. Looking ahead, BOJ Governor Shirakawa Speaks

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