The new week began with a sharp strengthening of the yen.
Japanese yen showing strengthening after the speech of the Bank of Japan head Haruhiko Kuroda about the possible lowering rates.
During the Asian trading session, the Yen has added 60 points, the Australian dollar has lost 35 pips during the Asian session.
On the back of this fact, the Australian index S&P/ASX200 gaining 0.13%.
The basic scenario for the Aussie, as well as for the euro and the pound, we suggest another approach to the range of 0.7640-0.7740 as a response to the general weakening of the US dollar.
The iron ore price is held tightly near $60 per ton. However, the decline in non-ferrous metals is alarming (copper -0.65%, aluminum -0.51%, tin -0.15%).
How to trade binary
We would buy Call options if the pair AUD/USD rises above 0.7625. We would buy Put options if the pair falls below 0.7570.
Expiry time: 20:00 GMT