Quotes from Westpac Research:
- AUD/USD 1 day: Remains in neutral mode, the near term range 0.7800-0.7850. Retail sales today is a risk.
- AUD/USD 1-3 month: Falling AU interest rates and commodity prices, and a strong US dollar, should continue to weigh on the AUD during the next few months. The next major downside target is 0.7500.