AUD australian dollar
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how much lower?

  1. Admiral Markets
    34 Posts.
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    15/05/12
    13:34
    Post #: 10176518
    AUD/USD gone through parity for first time this year. RBA likley to cut further.
    China tentative to stimulate for fear of bubbles, overheating property market. Euro situation/political instability undermining confidence in global risk assets. Commodity prices falling.

    Not a great backdrop for AUD. How much lower is it going to go? Thoughts? Downside targets?
    Price at posting: 0.0000 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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