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by Chris Becker
What a way to start a hot August day! Only a few hours until the RBA’s monthly meeting and the Aussie dollar is on a tear against USD:
Mid last week it hit 80.65 against the USD, so if there’s no easy or accomodative language from the RBA this arvo, we could see that taken out. My medium target remains at just under 82 cents with a longer term target at 87 if that is taken out:
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