This makes sense. All the more reason to keep fundamentals in mind but trade your "chart" 
On the fundamental side, macro ecconomic fears are still well and truely around (Greece, Britain's budget deficeit, PIIGS, China monetry tightening etc.).
That's not to say that the Australian economy is not growing, but global factors may hold back growth (or possibly pull it down). Hence why there may be some hesitation as to putting money into high yielding currencies (or risk taking).
Annoying Precision
