Good two-way business on AUD pairs this session 28 March
AUDUSD has option expiry interest today at 0.7700 with further interest up to 0.7800 and that helped push the pair lower earlier.
I had been highlighting decent support/demand between 0.7675-80 for a while and this morning said a break should target 0.7650. Well, lows of 0.7656 so far and now back up to test 0.7680.
AUDJPY lending support as yen sellers generally prevail with a little risk-on sentiment in play and from we've now posted
As always it pays to look at cross pairs to get a feel for core pair price action, or at the very least some explanation to support/dismiss your judgement.
I would expect AUDUYSD sellers to be poised into 0.7700 again with AUDJPY sellers/res between 81.50-60. USDJPY underpinned but still failing to get over 106.00.
AUDUSD
AUDJPY
