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Nov 26 - 07:55 AM

AUD/USD - To 0.7500 - Not So Fast

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

  • Related comment nL1N2I90J6



AUD=D3 Click here

Source:
Refinitiv IFR Research/Market Commentary

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