DailyFX | September 8 2010 10:52 EDT
The AUD/USD is finding support as risk appetite has returned as concerns over the European banking system has started to fade. An RBA rate hold has left price action at the mercy of broader trends but that could change tonight with the employment report scheduled for release at 01:30 GMT. Therefore, we could see the pair confined to current patterns with traders reluctant to take significant positions ahead of the event risk, making the pair an ideal scalping target.
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