Once above this level the spread can gain momentum.

We’re looking for a test of the 200 day @ 94.44 once convincingly above this level.

Price action to look for in the AUD/USD.

We fully expect a test of the 94.20 level in the straight Aussie between now and tomorrow, hopefully before the Fed!

You want to take 1/2 the cross off anywhere close to 94.00 basis the Aussie cash as 94.20-25 is resistance and the closing upside pivot.

Maintaining and closing over 94.25 will lead to another leg up in the Aussie.