Aussie started the day at $0.9038 after failing again to take out the $0.9050 barrier last night in the US. Early dealings saw aussie-dollar drift lower in a move seen as players adjusting positions after the overnight gains hit a high of $0.9049. Aussie-dollar traded a low of $0.9007 this morning, a few minutes ahead of the release of Chinese trade data. That data set then sparked a strong aussie rally through the $0.9050 barrier and aussie-dollar then tested the $0.9058 Jan. 14 high. It eventually went through that as well, and reached a high of $0.9063, its highest since Jan. 13. Aussie-dollar was last at $0.9052 with the upmove believed to still be in play although dealers say there are plenty of sell orders ahead, which would take time for aussie-dollar to eventually work through, on its way up to the previous January high of $0.9086 and then to $0.9100
