NZDUSD has run into resistance after strong rally 3 April
As per Eamonn's earlier post we have the following option expiry interest at 14.00GMT/10.00EST today
- 0.7250 497m
- 0.7275 250m
- 0.7285 318m
After a strong rally from 0.7200 to 0.7263 we're currently back at 0.7250 now also helped by general USD demand. Expect the range to remain contained as both sides of the options defend their position.
AUDUSD also large (1bln) interest at 0.7680 which provided the platform earlier for a test above 0.7700, as I highlighted in my order board post, but now down nearby again for another look.
Remember these are vanilla options and in play right up until expiry even if breached in the meantime unlike barrier options which cease to be once broken.
For more info on how to use this all data, please refer to my post here
NZDUSD
AUDUSD
