AUD/USD found a support last week at 0.9238 and turned back above 0.9300.
We see that recovery as first leg that is part of a larger rally. Therefore we suspect that pair completed wave 1/A as leading diagonal and that current recovery or sideways price action represents a temporary rally in wave 2/B that may look for a resistance around 0.9370 after wave (c) that seems to be underway now.
From a bigger perspective we assume that AUD/USD found its peak at 0.9504 back in July and that AUDUSD will break lower rather than higher, but after a completed three wave bounce.
AUD/USD 4-hr Elliott Wave Analysis