AUD/USD Analysis

Aussie started the new week at $0.9367 and traded a $0.9360-69 range in early dealings in the Asia-Pacific session. It picked up some moderate weakness near the start of the Asian day, and slipped to a $0.9342 low a few minutes before the release of the only note-worthy economic release this morning, the ANZ job ads data. System accounts were cited among the sellers this morning though trade flows remained relatively light. The aussie then found a slight lift off the lows following the job ads data, recovering back to $0.9354. It managed to extend the recovery to $0.9358 in the afternoon and was last at $0.9359, and faces offers ahead from around the $0.9370/80 region and toward $0.9400. Small stops are also noted above $0.9400. Below, the $0.9322 support remains key for the aussie with stops noted below $0.9320 and $0.9190 today.