Australian dollar started today with a decline to a fresh level, and, while the couple subsequently stabilized, and now holds around $ 0.7605, trying to rise above the bulls feel a lack of drivers for the continuation of the offensive. Westpac currency strategists note that after several days of fixation of profit growth looks quite reasonable, with the index of Chinese surprises ", assessing the differences between market forecasts and the actual economic data, has risen quite strongly, suggesting that unpleasant surprises from the statistics from China may be bulls make podsokratit long positions. The bank did not advise to sell AUD / USD at current levels, but warned that the loss of support around $ 0.7475/80 may disappoint some buyers of the Australian currency, and provide impetus for further correction. In Westpac believes that the Australian dollar now looks a bit overvalued and predicted its decline to $ 0.72 by the end of June, but the bank's strategists are more optimistic about the longer-term prospects and have a pair of projection at the end of September at $ 0.80.
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