FXstreet.com (Barcelona) - Australian Dollar has picked up momentum after bouncing at 0.9130 low on Tuesday, and the pair has continued appreciating during Wednesday's Asian session extending recovery from about 0.9185 to re-test 0.9280 (Nov 23 high) at the moment of writing.

The pair is biased sideways-up in hourly and daily trends, according to Rajoo C, technical analyst at Precise Trader, who foresees choppy upside moves for today: Hourly Trend is Sideways Up while 9125 holds and Daily Trend is also Sideways Up while 9025 holds, so expect the price to be Choppy with a Upside bias.

On the upside, Rajoo C focuses on 0.9280 and 0.9330 as immediate barriers for bulls while 0.9180 and 0.9125 are key support levels.