AUD/USD homing in on the 1.0525 option expiry today

Hasn’t actually done very much at all this morning in a tight 1.0507-25 range through the European session, but showing some magnetism to a A$400 mln expiry for now at 1.0525. Guess it might find some direction after the 1000 EST cut but i won’t be holding my breath with the ‘MLK’ holiday in the US…

AUD’s currently sitting around 1.0520.

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