The draw comes in stark contrast to the last time the two teams met, where Olympic enjoyed a remarkable 6-2 victory over the Rangers.
It was a vivacious first half as both sides hunted for the opening goal, with their defensive efforts on show.
Sanchez had the first real chance of the game, coming close for the home side in the 20th minute as he managed to send his shot on target, only to be blocked by a slick Saliadarre save.
He didn’t wait long to shoot again, making his way onto the scoreboard in the 21st minute.
The equaliser came in the 31st minute for the visitors with a brilliant strike from Boyadjian.
Both sides continued to battle until the half-time whistle, hitting the sheds even at 1-1.
Sanchez was straight back at it after the break, scoring almost immediately to take back the lead.
The visitors equalised again in the 76th minute through substitute John Roberts.
Both teams searched for the winner in the closing stages of the game, but neither was able to come out on top, with the game closing at a 1-1 draw.
Olympic coach Abbas Saad was disappointed his team wasn’t able to convert their chances.
“It was 15 shots to three and they convert two and we convert two” he explained.
“We’re killing ourselves at the moment with the chances that we’re wasting.
“We played some smashing football and when you create that many chances, you’ve got to take them.”