After the AUDUSD went down again below 0.7300, I felt that there might be a short term retracement, so I decided to buy a one month call option expiring 28 August with the following details: –
Spot: 0.7275
Strike: 0.7300
Premium: 100bps
Breakeven: 0.7375
Let’s see what happens
The Panthenon Investment Group 