AUD/USD Technical Analysis for July 8, 2011

The AUD/USD pair rose again on Thursday as the bull market continues in the Aussie. The pair looks especially strong, and on a break of Thursday’s highs, we would be buyers. However, it should be kept in mind that the Non-Farm Payroll report is coming out later today, and as such – we may wait until we get those numbers released. The pair certainly looks set to test the all-time highs again soon though.

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Forex Mansion