The AUD/USD pair rose during the session on Tuesday, breaking above the 0.9250 level. However, we gave back some of the gains late in the day, and as a result the market seems a little bit tepid at this point in time. However, nonetheless we have to look at this market as one that has held support so far, thereby making it a market that we will buy on a break above the highs from the session on Tuesday. Selling is impossible until we get below the 0.92 handle, which of course we see as major support.
