There are just a couple to take note of on the day, as highlighted in bold below.
The first ones are for EUR/USD at 1.1600 through to 1.1700. Price action has been ranging in between the two points since the latter stages of last week and with all eyes on the US CPI report tomorrow, there won’t be too much hurry for traders to break the shackles. As such, the expiries should continue to keep a check on things if anything else. But given the lack of key risk events, expect price movements to be rather muted today.
Then, there is one for NZD/USD at the 0.5930 level. It sits close to the 100-hour moving average at 0.5932 currently, so that could help to keep a floor on price action at least in European morning trade today. That alongside the 200-hour moving average nearby at 0.5923.
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.