AUDUSD rallies further with large option expiry interest in play
Session highs of 0.7943 now for AUDUSD 8 Aug
Earlier I posted my daily update on expiries and noted the AUDUSD rally to 0.7931 from 0.7910 and warned a further attempt on 0.7950 could not be ruled out.
Large expiries at 0.7950 in play and with highs of 0.7943 we're back to 0.7935 as the sell-side interest prevails for the moment.
One to keep an eye on as head ever closer to 14.00GMT