Justin has just popped up with a very important reminder:
- there are extremely large expiries at 1.0500 rolling off (today, Friday) – potentially offering a bit of a pull there.
Justin posts option expires each day, those for Friday, December 13, 2024 can be seen here in the bottom row:
Take a close look at those for EUR/USD … 7.4bn EUR @ 1.0500! And others in the billions also.
This article was written by Eamonn Sheridan at www.forexlive.com.