The AUD/USD pair fell during the course of the session on Monday, but found the 0.9250 level to be supportive enough to cause the market to stop falling. There is a support “zone” going all the way down to the 0.92 handle in our opinion, so therefore there is a chance that the markets will start to buy the Australian dollar again. More than likely, we will need to see a supportive candle in order to start buying, but we could look to shorter-term charts to do so. After all, there is a definite support area at the 0.92 handle, so any losses would be minor. A move up to the 0.94 level would be expected.
