Daily Outlook for Aud/usd

Westpac Research notes:AUD/USD 1 day: The selloff is intensifying, next targeting 0.7575. The weak CAPEX report will reverberate for a while.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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