Australian currency ended a three-day advance against the U.S. dollar and tumbled on concerns of credit-market write downs and record oil prices and on speculation that the central bank will cut interest rates.
TECH VIEW:
AUD is expected to have mixed movement for the day. Trading range of 0.9520-0.9620.Good support seen at 0.9510 and resistance for the currency is seen at 0.9640. Currency is seen trading well above the moving average supporting the bull trend.
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