We saw plenty of profit takers emerge on 2 separate occasions yesterday near .9300 and this looks to be a short-term high. I’d expect to see a test of strong technical support levels near .9150 whilst this consolidation period is ongoing.
Risk sentiment is strong, as seen by the record high close on the S&P, and we are likely to see further AUD/JPY buying in the short-term at least. Japanese start-of-fin-year flows are likely to be quite strong.
Play the .9150/.9300 consolidation range in AUD/USD with a strong bullish bias imho.