Mymillions,
You're probably right that my range is abit too bearish, but with fed tapering being blown out of proportion I think qbe is being pushed up as a result of expected further drops in aus $. I dont see the aus $ getting below 86-88c in the next 3 months and might even recover against the us$. But plenty of other factors to consider obviously. Hoping it breaks $17 this week, but I think it'll be closer to $16.
transformational update expectations...., page-30
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