Shawns Trade Idea: BetaShares Strong Australian Dollar ETF (AUDS) Limit $5.77

The $A was firm last week even after the local unemployment rate hit a four-year high. We like the AUDS to position ourselves for a potential rally by the $A into 2026 – this ETF is leveraged by 2.51x, hence if we are correct and the $A can hit 70c in the coming months, this ETF should advance by ~20%.

• We believe the risk/reward towards the $A following last week’s strong performance is compelling.