AUD/USD remains capped by 0.93

FXStreet (Bali) - AUD/USD opened the Asia session at 0.9273, largely unchanged from Friday's US close at 0.9268, after a -0.72% last week.

Price action following last week's disappointing CPI figures in Australia has been lackluster, with the rate fluctuating between 0.93 and 0.9250.

Selling interest ahead of the 0.93 round number has been very solid so far, with the downside also being well capped by April 7th swing low at 0.9250, with a break lower needed to seek more losses.