AUD/USD: Playing from long side to start the week

• GPIF news from the weekend will have an impact on AUD/JPY sentiment;
• There is still expected to be some residual interest from Sovereign players to buy AUD/USD for bond issuances;
• Charts show short-term consolidation between .8650/.8850.

The market has opened around .8760 this morning and I’m playing this pair with a bullish bias.