I’m unsure whether the AUD/USD market can generate enough momentum to challenge the .9200 barrier from 25 pips away. Unfortunately that’s the types of market we are dealing with. Australian corporate bids are reported near recent lows at .9210 and of course we will get option protection ahead of .9200.
AUD/CAD is also worth keeping an eye on as its close to important short-term levels between 1.0000/50.
