12 Feb 2015
AUD/USD target for 0.7300 - ANZ
FXStreet (Guatemala) - Daniel Been, research at ANZ, explained a clear fundamental case for the Aussie.
Key Quotes:
"The fundamental case for AUD depreciation is clear, and has been for some time."
"Market dynamics are shifting, and another move lower looks imminent."
"We recommend selling the AUD at USD0.7720, with an initial target at USD0.7300 and a stop at USD0.7880."
Key Quotes:
"The fundamental case for AUD depreciation is clear, and has been for some time."
"Market dynamics are shifting, and another move lower looks imminent."
"We recommend selling the AUD at USD0.7720, with an initial target at USD0.7300 and a stop at USD0.7880."