AUD/USD initially fell during the course of the day on Thursday, but found enough support just below the 0.93 level to turn things back around and form a bit of a hammer. If we can break the top of the hammer, we feel that this market could go a bit higher, but there’s also resistance at the 0.9350 level. With that, we actually break above that level before we start buying. That should head to the 0.9450 level. I have an, a pullback should offer buying opportunities down to the 0.92 handle.
