A small base for AUDUSD?

One of our core views for 2013 has been bearish AUDUSD, and our .9145 next target has been exceeded. Medium-term, we expect further significant weakness, and indeed, we have outstanding targets at .8675 and then .8550. However, the sell-off looks to be finding interim support at the psychological .9000 level, and the risk for an overdue rebound has increased sharply.

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