Traders are awaiting the upcoming China economic data in the next half hour to see if we can break up thru 9330. If the data is outside the forecast range then AUD will move. Market is a touch long here in anticipation of better than expected numbers.
Support for the AUD is back at the 9250 area, with 9270 the range traded bottom. Topside 9330 is still the level to watch. However, as Sean mentioned earlier this morning, the dips are getting shallower.
Personally I was sitting short yesterday just below 93c and took a small profit last night before selling it again this morning, here at 9310. My stop is still above 9340.
