Westpac Research notes:
AUD/USD 1 day: Remains capped by 0.7800.
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.
Westpac Research notes:
AUD/USD 1 day: Remains capped by 0.7800.
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.