AUDUSD enjoying good two-way trading as option expiries play out

Further to previous posts today here's another update 9 Feb

AUD 2.8bln contracts rolling off today at 15.00 GMT

I said earlier at 0.7780 that we should expect a challenge to get the pair back above 0.7800 and so it's proved with a decent rally to 0.7830.

Sell side now prevailing as the clock ticks down to the top of the hour and we're back at 0.7810. Let the battle continue. AUDJPY very much playing out too.

EURUSDF stuck right in the middle of large expiries at 1.2200 and 1.2300

Believe in the impact of these larger contracts or not as you please across a whole range of pairs but ignore them at your cost.

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.

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