Now it's at 1.0247 at the time of writing. I am bearish this pair even though the Aussie has been very strong. However, there is the expectation of 75 bp rate cut within 12 months. Actually I want to see this pair to start catching up EUR/USD though. This pair actually really annoys me but well... nothing is easy. You have to be patient. Anyway, I will be bearish until 1.0369 which is the 61.8% retracement of the Feb 29th high to June 1st low. If it breaks and closes above this level, I will wait and see the further development. Now the high came in at 1.0330. So you can use that as your stop. My target for the short term is 1.0107 and next is parity. For my longer term target is around 0.9300. That's a long way to go...