Trader, analyst and instructor with a 6-year experience

AUD/USD supported at $0.9320

AUD/USD opened at $0.9327 with an almost 80-pip gap up above the top of the daily Ichimoku. The pair jumped to $0.9392 (above the 100-day MA at $0.9375), but then edged lower. Later in the day pay attention to the US data (forecasts are positive). Tonight the RBA will release monetary policy minutes.

Support for the pair is seen at $0.9330/20 and then at $0.9310/00. Sell orders are now clustered at $0.9355, $0.9370/75 and at $0.9400/10.

Chart. H4 AUD/USD

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