The AUD/USD pair initially fell during the session on Monday, but found the 0.9250 level to be supportive enough to bounce the market back around and form a hammer. This hammer of course is a buying opportunity typically, and a break above the top of it would in fact send more buyers into the market we believe. However, to be a little bit more diligent, we would more than likely feel comfortable on a break above the shooting star from the Friday session before actually committing capital to this trade. Selling of course is not really an interest at this moment.
