The AUD/USD pair rose during the session on Thursday, breaking above the 0.9250 level. That being the case, we believe that this market is trying to get sell to go higher, perhaps as high as the 0.95 level. The road to that level of course will be overnight, but we expect a lot of choppiness between now and then to offer plenty of buying opportunities on the short-term charts. Any pullback from here will more than likely find buyers, especially around the 0.9150 level. Because of this, we are now “buy only” in this pair, at least until we get to the 0.95 handle.
