Another barrier option bites the dust 3 May
USDJPY had been threatening to break through and finally did as the RBA cut rates and triggered AUDJPY selling.
We've seen new 18 month lows of 105.92 so far with AUDJPY tumbling to 80.02. AUDUSD currently 0.7565 after finding support/demand into 0.7550
More strong demand/support at 105.00 and another barrier option at 105.00 as per yesterday's order board with the customary stops below should it be breached.
