AUDUSD

Today RBA hiked 2nd time in a row. With the Feds not looking to raise rates anytime soon, it's feasible to see AUDUSD hit parity with the USD. However, I feel that should be a area to start shorting the AUD as that's merely speculative positioning and the big money setting up the slaughter of the lamd in my views as when the Feds start to raise rates, we should see AUDUSD reach more towards .0800 in the FX market.