Westpac Research notes:
AUD/USD 1 day: The decline continues but the 0.7600-0.7700 area has previously proved to be quite sticky. US dollar strength remains the main factor.
AUD/USD 1-3 month: Eventual resumption of the strong US dollar trend should weigh on the AUD during the next few months. The next major downside target is 0.7500.


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