Large option expiries at 1.1200 on AUDNZD having a say on the price action 22 April
Earlier I reported on AUDNZD and warned of the impact on core pairs. AUD 4.61bln rolling off at 1.1200 and my guess/experience tells me that one of the parties, probably the writer, is pushing the pair higher to make sure there’s plenty of wriggle room to remain above nearer the time and protect their interest.