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Jan 17 - 04:55 AM

AUD/USD - Within Strike Of 0.6210 Before Trump 2.0

By Robert Howard  —  Jan 17 - 03:51 AM

• AUD/USD has traded a 22.5 pip range thus far Friday: 0.6196 = intra-day low

• 0.6196 is four pips above Thursday's low. 0.6228 was Thursday's NY high

• Thursday's NY high was notched after USD fell on dovish guidance from Waller

• Offers likely near 0.6250 (0.6247/48 = Wednesday/Thursday high)

• There is a big 0.6210 option expiry next week (Jan 22); A$2.1 billion strike

• Trump starts his second term as U.S. President on Monday

AUDUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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