The AUD/USD pair went back and forth during the session on Monday, essentially settling nothing. Because of this, we really don’t have much of a trade set up in this marketplace right now, but we do recognize of the 0.9250 level is supportive. We recognize that there is a massive cluster down there, and therefore would like to see this market. Just a little bit lower before forming some type a supportive candle in order to go long. With that, we are bullish of this market but recognize that we need the right candle in order to risk any trading capital.
