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Dec 14 - 09:55 PM

AUD/USD - Option Related Bids Around 0.7100 Underpin For Now

By John Noonan  —  Dec 14 - 08:06 PM
  • AUD/USD slightly better bid after trading at 0.7099 in early Asia

  • Asian equity markets steady with E-minis +0.10% and AXJ index -0.15%

  • Option expiries at 0.7100 keeping AUD/USD anchored around that level

  • It is trading around the 10-day MA at 0.7111 with the 21-day MA at 0.7153

  • A close above 0.7155 targets the Dec 9 high at 0.7187

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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