Daily Outlook for Aud/usd

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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