The Aussie Dollar Is Trading Below 83 Cents, Its Lowest Level Since July 2010

IK KIL CENOTE, MEXICO – OCTOBER 17: (EDITORIAL USE ONLY) In this handout image provided by Red Bull, Ginger Huber of the USA dives from the 20 metre platform during the finals of the seventh and last stop of the Red Bull Cliff Diving Women’s World Series, Ik Kil cenote, Yucatan, Mexico. (Photo by Romina Amato/Red Bull via Getty Images)

The US dollar crushed almost every currency on planet Friday after the surge in non-farm payrolls in November of 321,000.

The Aussie dollar fell heavily and closed the week at 0.8324 but in early trade this morning it is trading at 0.8295.

Source: Screenshot

That’s the lowest level it has traded at since July 2010 and while early trade in Asia is often fraught with danger there is not a lot of support above the 2010 low of 0.8060.

Source:Go Markets, MT4

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