The Australian dollar is trading in a very small trading range right on top of the support level at 0.9260 after dropping so sharply in to finish out last week from above 0.9350 down to a two week low at 0.9240. In the middle of last week the Australian dollar surged higher to a one week high near 0.9375, before easing back and then falling sharply. It had done well of late to cling onto the 0.93 level after its sharp fall last week which saw it move from above 0.9400 down to a seven week low just below 0.9300, and in more recent days receive solid support there too. A couple of weeks ago it was easing back below ... (full story)