AUD/USD is trading at .9415 this morning ahead of a busy week of data. The Chinese PMI and the RBA rate decision tomorrow should ensure volatility to start the week.
Unless something dramatic happens at either event to change the fundamental outlook, I would suggest that we use volatility in either direction to try and catch the new range edges. Overall momentum is lacking so a 200 pip move either way should present some decent trading opportunities.
Overall bias remains higher in my opinion but it could be months before we really get moving again. So not getting caught up in short-term euphoria and selling at .9600 or buying at .9200 (as unlikely as either seem this morning) is my current trading strategy for the AUD/USD.