3 Oct 2017
Sell AUD/USD this week - Citi
FX Strategists at Citi suggested that selling the Australian dollar is the best trading bet this week.
The strategists recommend selling AUD/USD around 0.7838, with a target of 0.7600, and a stop of 0.7940. The spot is down -0.09% at 0.7820 levels, awaiting the RBA policy outcome for fresh impetus.