Hi Lee, Hey Trades,
I like 115.00 for AUDUSD. The weekly chart is one of the most bullish charts I've ever seen. I'm bullish on U.S. stock indices too because the U.S.'s stealth weak dollar policy has created a jaugernaut in U.S. multinationals. I'm really not that bearish on the U.S Dollar though cuz same strong stock market will suck in profits from emerging markets, and I think it goes up against the yen...if 1.6 greenbacks gets you a pound, and 1.4 gets you 1 euro, why not $1.15 for an Aussie?