Westpac - AUD/USD Any initial squeeze to 1.03 would be a clear selling opportunity

Westpac - A clear bottoming in China's industrial sector is unlikely in the next few weeks, leaving iron ore prices under pressure and AUD/USD targeting the 0.98-1.00 region. Further losses should be avoided with help from a dovish Federal Reserve. Any initial squeeze towards 1.03 would be a clear selling opportunity.

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Tags: AUD, AUD/USD, AUDUSD, Westpac

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