Still a few days till expiry on these options , pertinent to take some of the table here , chart got some good geometry now
I've been watching this pair as of late. Not even the significant market correction of the last week dented it's momentum. In the past, any bit of risk aversion was enough to take it down a bit, but not this time. In my opinion, the RBA has to bring back concerns for a strong Aussie in order to some dampening of sentiment to come forth. Sans that, I think we move back to 97 in short order.
Chinese GDP Thursday will have a huge say on AUD direction medium term , not long after that we have Australian CPI which will be just as important medium term . I am swinging towards a short bias slightly and will reassess into these key data points