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AUD/USD May Target 0.9750, Buyers Active At 0.97

Forex News: AUD/USD appears set to target 0.9750 after touching 25-year peak of 0.9736 offshore trade, says a Westpac Bank trader; "the U.S. dollar is in no way out of the woods yet, this being the case with commodity prices moving up the Aussie seems well set to go even higher this week." Thinks selling on rallies may cap gains in Asian trade as pair looks "a little tired" but expects demand to remain strong around 0.9700. Tips key support at 0.9670.




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