The big local banks are anticipating some scrambling for AUD if it breaks above .9350 and the RBA will be aware of this. Even though there have been no signs of any major gaps higher recently, dealers still expect the RBA to enter the market around the .9325 level (where they previously intervened) to ‘smooth’ market moves. Elsewhere on the order board, dealers report bids between .8225/40, trailing stops below .8210 and further bids building between .9170/80.