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Thomson Reuters
Apr 25 - 02:36 AM
AUD/USD - Bounce Aided By Option Barrier Defenders
First appeared on eFXplus on Apr 24 - 11:10 PM
  • ANZAC day market closure thins liquidity as key barrier tested
  • AUD/USD rebounds after failed attempts to break 0.7000 nL1N22700G
  • Defense of large option barriers, stoploss orders keep it aloft
  • Tentative relief for risk currencies comes as early USD surge ebbs
  • Profit-taking before BOJ policy outcome amid thin AUD liquidity
  • Stocks in Asia attempt to clamber out of negative territory

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