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There are a couple to take note of, as highlighted in bold.

The first being for EUR/USD at 1.0850, which sits just above its 200-day moving average of 1.0845. Put together, that should provide some support for price action during the session ahead – that is if there is some downside push in the pair to follow – until the expiries roll off.

Then, there is the one for GBP/USD at 1.2650, which could act as a somewhat similar price level to hold price action from any steeper drop. For now, the pair is holding at the 100-hour moving average at 1.2682 after the drop following the poor UK retail sales data here.

For more information on how to use this data, you may refer to this post here.

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