Westpac Research notes:
AUD/USD 1 day: 0.7550 to 0.7750 should capture most trade near term, with some whippy trade as the Aussie negotiates a very busy local calendar this week.
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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