geez the aussie is struggling, page-6

Yep heading for 60c at least (for 2nd test of the bottom of the steep downtrend channel from 98c).

On a weekly chart, it seems to be stopping at roughly 16c intervals. Last stop was about 66c so maybe down to 50c not out of the question.

If it breaks the bottom of the current channel it will fall to the bottom of the next channel, which is probably around 50c.
Then eventually rally back to 75c next year sometime I'd think.