A large 0.7750 option expiry is exerting magnetism over AUD/USD

The size of the strike for the 10am ET NY cut is A$830mn nL1N2JO0EO

0.7740-0.7779 was the European morning range (high before low)

European morning high was two pips shy of the Asian session peak

Ascent to 0.7781 was influenced by 10-year UST yield retreat from 1.1870%

See: nL1N2JN2DK. 0.7800 is a resistance level beyond 0.7781