Westpac: AUD targeting lower, for the NZD ... resurgent USD the main driver

From Westpac this morning, market outlook for the day (short-term views):

• AUD/USD 1 day: Momentum remains negative, targeting 0.7790 next. The resurgent US dollar is the main driver.
• NZD/USD 1 day: The multi-week decline remains intact, targeting 0.7280 next. The resurgent US dollar is the main driver
• AUD/NZD 1 day: The downward correction continues, targeting 1.0675 next.

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