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AUD/USD Breaking out to the upside...

FX:AUDUSD   Dollar Australia / Dollar AS
Somewhat mixed Aussie labour report overnight, as the headline employment change exceeded expectations 2-fold, but was all due to part-time workers given a near 21k fall in the number of full time jobs.

AUD/USD trying to clear resistance around 0.7750 convincingly, but also facing a formidable hurdle in the form of 1.1 bn option expiries from the half round number up to 0.7765. Let's see where this closes this week and we will have some great trading coverage on this pair next week.

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