Parity was the question mark over the weekend and the pair answered early in European trading moving as low as .9960 before settling down. Heading into Asian trading all eyes will be on AUD Reserve Bank Board Minutes for a hint of how quickly and sharply further interest rate cuts may occur. The AUDUSD currently has a mixture of support levels nearby. Starting with a long-term yearly trend line floating around the .9960 area, which contained the pair in late New York trading, and strong daily support at .9890. Resistance is now at 1.0140. The AUD Reserve Bank minutes will be releases at 9:30 ET.

Sup .9960 .9890

Res 1.0140