Technical analysis via Citi take a long AUD/USD at 0.6892

  • stop loss 0.6795
  • target 0.7080 to 0.7115, but add it could go even higher to 0.7394

The t/a cites:

  • AUDUSD appears near to completing a double bottom formation, neckline 0.6894
  • if AUD closes Thursday above .6895 would be a bullish outside month