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AUDUSD under pressure from yen demand but option expiries notable

The pair has been under pressure for most of the Asia session 27 Oct

With yen demand prevailing on a softer Nikkei traders are attributing AUDJPY selling behind the AUDUSD's softer tone.

Option expiries in play too though at 0.7620 and 0.7660-63

Currently 0.7630 after 0.7622 lows. Expect sell interest on the rallies still but dip demand too as the battle plays out.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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