By Rob Howard — Jan 12 - 06:17 AM
AUD/USD ran into resistance near 0.7750 after extending north from 0.7667
There is a big 0.7750 option expiry for the 10am ET NY cut nL1N2JN0EO
0.7667 was Monday's low (the lowest level since Jan 5)
Drop to 0.7667 was influenced by higher UST yields nL1N2JM283
0.7710 (Asian session high) is now a support point. 0.7687 was Asia low
IMM specs upped gross AUD longs and shorts in week to Jan 5 nL1N2JM0DF
AUDUSD Click here
Source:
Refinitiv IFR Research/Market Commentary