There are just a couple to take note of on the day, as highlighted in bold below.
They are all for EUR/USD with the expiries layered through 1.1600 to 1.1700. The pair is doing battle around the 100-day moving average of 1.1645 currently and the expiries at 1.1650 could play a role in terms of keeping price action more anchored in the session ahead.
That said, the near-term bias is more bullish now on the week and that could see price extensions to the upside in European trading. So, the expiries at 1.1700 adds some layer to the ceiling for now at least.
As for the larger ones at 1.1600, they shouldn’t factor much into play unless we get some headlines leading to dollar bids in a change of pace. The 100 and 200-hour moving averages at 1.1600 and 1.1625 are also key near-term levels to watch in case of any downside shoves during the session ahead.
For more information on how to use this data, you may refer to this post here.
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This article was written by Justin Low at investinglive.com.