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AUD/USD offers of 0.77 mooted, just beyond 38.2% fibo

Shorts squeezed during AUD/USD rise from 0.7573 to 0.7684 0.7573 = Asia low (after 0.7637 Asia high) Offers pushed at 0.77. Large 0.77 option expiry today 0.7696 = 38.2% of 0.7914 (Feb 26 high) to 0.7561 (Wednesday's 6ye…

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  • Shorts squeezed during AUD/USD rise from 0.7573 to 0.7684

  • 0.7573 = Asia low (after 0.7637 Asia high)

  • Offers pushed at 0.77. Large 0.77 option expiry today

  • 0.7696 = 38.2% of 0.7914 (Feb 26 high) to 0.7561 (Wednesday's 6year low)

 

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