There are a couple to take note of on the day, as highlighted in bold below.
They are for EUR/USD layered in between 1.1650 through to 1.1700. The pair slumped in trading yesterday as the dollar jumped up following stronger US economic data. That’s keeping a more bearish near-term bias but there might not be too much conviction to go running just yet, not least with the arguably more important release being the US PCE price index set for later today.
As such, the expiries could just play a role in keeping price action more contained before we get to US trading later.
For more information on how to use this data, you may refer to this post here.
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