AUD/USD: Look for .9330 test today
I will look to book some interim profit at .9330, which has been a very important pivot (see chart) in the recent past. The broader market is still bearish AUD so I’m sure the bears will re-group at this big level. Even if it does break I’m sure I will get plenty of dips to re-buy on, but as always let’s see how the market develops before committing 100% to any particular strategy.
The break higher in precious metals is an important event and it will have major implications for the USD in particular. Good luck today.