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.

Elsewhere the lack of further upward momentum on USDJPY means USD supply has returned pushing that pair down to 108.95 with GBPUSD up to 1.4330 in a rush and EURUSD 1.1336.

Offers noted into 1.4350 and 1.1350 still.

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