They say 76cents.
It did break through the 87 convincingly yesterday helped by the global surge in the USD especially against the yen.
The next level should be just near 80 cents which it should see relatively soon IMO.
Even 76cents is not an extreme call. The monthly charts suggest it could easily break 70 cents, which may become realistic if the RBA does drop rates again as Morgan Stanley think a 50% chance.
