The Traderszone Network

Published in TZ Latest News 18 April, 2016 by The TZ Newswire Staff

AUDUSD underpinned still but barrier option defence in play

The pair has enjoyed the AUDJPY-led rally but sellers loom.
The barrier option at 0.7750 may well be history but another one at 0.7800 looms large.
10-month highs so far of 0.7796 the sellers are winning so far and currently back to 0.7791 but we can expect a good battle.