There is arguably just one to take note of on the day, as highlighted in bold below.
That being for EUR/USD at the 1.1600 level. It isn’t one that ties to any technical significance, so the impact of the expiries might be a bit more muted. The pair is now tussling with key near-term levels, with the downside leaning on the 200-hour moving average of 1.1625. A drop below that will see the near-term bias turn more bearish, so that’s a key level to watch in the session ahead. If so, then only the expiries might factor in to act as a secondary floor to any downside price extensions before we get to US trading.
For more information on how to use this data, you may refer to this post here.
Head on over to investingLive (formerly ForexLive) to get in on the know!
