The AUD/USD pair rose during the course of the session on Tuesday, testing the 0.94 region. That area is of course resistance, and the top of the consolidation area that we have been in for some time. We think that a pullback could be in the cards for the short term, but we should find buyers below based upon short-term charts. On the other hand, a move above the 0.94 level would be very bullish and send the buyers flooding into the marketplace and heading for the 0.95 level. On the other hand, it is not until we get below the 0.92 level that we considered selling.
