Australian Dollar AUD Slides To 3 Week Low Against USD 25 01 13 - forex trading classes malaysia

Australian Dollar AUD Slides To 3 Week Low Against USD 25 01 13 ~ forex trading classes malaysia

Downtrend Continue in AUD counter - Asian Morning trade

Australian Dollar (USD) continue slides against its biggest counter part American Dollar (USD ) .Extending yesterdays( 24/01/2013) downtrend, the Australian dollar reached 1.0441 against its USD on Friday Morning Trade. Now the AUDUSD pair trading its weakest level since January 4. 

At Thursdays Latin American close, the Australian dollar (AUD) was worth 1.0454 against the Major pair US Dollar. The near-term bias is bearish for Australian Dollar (AUD) at the moment. AUD/USD pair is poised to pierce its 100-day simple moving average level of 1.0420 in Fridays trade.

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