Thursday, June 26, 2008

AUSSIE ON BULL RUN-JUN 26.

Australian dollar climbed after the U.S. Federal Reserve gave no indication of the interest rate hike after leaving them unchanged .
TECH OUTLOOK:
AUD is expected to have downside movement for the day.Trading range of 0.9540-0.9640.Good support seen at 0.9520 and resistance for the currency is seen at 0.9650. Currency is seen trading well above the moving average supporting the bull trend.

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