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Daily outlook for AUD/USD

Westpac Research notes:AUD/USD 1 day: The multi-week uptrend remains intact, thanks mainly to a weaker US dollar. We target above 0.8060 today.AUD/USD 1-3 month: Eventual resumption of the strong US dollar trend should w…

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Westpac Research notes:

AUD/USD 1 day: The multi-week uptrend remains intact, thanks mainly to a weaker US dollar. We target above 0.8060 today.

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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