The AUD/USD pair rose during the session on Wednesday, but remains within the consolidation area that we had seen form over the last several weeks. Because of this, we are relatively ambivalent when it comes to this marketplace, simply because there far too many choppy little areas between the 0.9250 level, and the 0.9350 level. With that, we are simply sitting on the sidelines and waiting to find some type of impulsive candle in order to get involved in the market in one direction or the other. Until then, we have no interest in risking our capital.
