By Richard Pace — Nov 26 - 06:00 AM
AUD/USD FX options place more bets on 0.7400-0.7500 targets
However, overall demand still light and implied volatility near crisis lows
Suggests further gains deemed likely to remain a grind and lack volatility
AUD/USD struggles mid 73's, but still new high since 1 Sept peak at 0.7413
Above 0.7413 opens 76.4% Fibo retrace of 0.8136-0.5510 drop at 0.7516
Break there opens full retrace, so will attract more interest if reached
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Source:
Refinitiv IFR Research/Market Commentary