AUD/USD forecast to 0.72 over the next 3 months, to 0.73 in 6 – 12 months

Citi with the forecasts, liking the Australian dollar, their their reasoning:
Near term outlook looks more positive
However the risks to AUD are fat tailed
For AUDUSD, the 0.6977 – 0.7040 area is proving difficult to break on the upside while a close below 0.6924 would likely complete a bearish outside day suggesting a possible extension towards the