The AUD/USD pair initially fell during the session on Wednesday, but as you can see found enough support near the 0.93 handle in order to turn things back around and show a bit of support towards end of the day. Because of this, we feel that the market should continue to bounce from here, but right now don’t have the reason that we need to start buying. Ultimately, we think this market will continue to try to fight and of buying pressure to head the 0.95 handle, and perhaps even break through.
