Hi, man. My take is there will be more probability of retracing...

Hi, man.

My take is there will be more probability of retracing at this level- It all depends on global equity market performance.

It would go up to 75 cents, but much significance of going down to 72.50 first.

If US market correnction -5% to 10%- happens, Aussie will get back to 68 cents, even 65 cents.

MY position of currency is Short Aussie at 73.50 - target 72.50 for a week or 70.00 for a months and Long on USD/CAD at 1.1740

ANd going to short Euro if us market correction starts.

Good luck.