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Monday, 31 January 2011

AUSSIE: Initial risk-off trades saw the pair slip NY.

AUSSIE: Initial risk-off trades saw the pair slip below NY low of
$0.9908 for $0.9867 this morning. Now edging back up again, at $0.9902.
Dealers however believe the session lows so far may hold through the
morning, the 100-day moving average at $0.9857 remains as immediate
support. Above $0.9980/90 to see further gains toward $1.0020 (last
MOnday highs), dealers say.

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