Forex Flash: 4 possible reasons to be bullish the AUD - TDS

it’s important to consider the risk scenarios that would see the AUD push even higher from current levels in H2 2013, says Singapore-based TDS analyst Alvin Pontoh.
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Forex: AUD/USD shakes off jobs data, 1.0600 still key pennant pattern resistance on weekly chart

After trading sharply lower following the release of the Aussie Employment data, the pair was able to shrug off early weakness and finished the day down 2 pips at 1.0446. It was a volatile session as prices traded all the way down to 1.0500 after the economic release, before buyers stepped in aggressively taking the pair as high as 1.0582 during the European session.
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