Trader, analyst and instructor with a 6-year experience

AUD/USD trades above $0.9200

AUD/USD rose from the lows around $0.9170 to $0.9215, supported by better-than-expected China's trade balance released over the weekend. 

Today there are no potential market-moving releases on the agenda. Tonight Aussie traders should pay attention to Australia's inflation expectations and NAB business confidence index. China is scheduled to release a bunch of important figures at 5:30 GMT. 

Next resistance for the pair lies at $0.9230, $0.9255 and $0.9300/20. Support is seen at $0.9200, $0.9170, $0.9115 and $0.9050. 

Chart. H4 AUD/USD


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