Categories: Business & Economy

FX option expires October 9 at 10:00 a.m. New York Cut

There are just a few to note on this day, as highlighted bold below.

They concern EUR/USD at the levels of 1.1600 and 1.1615. Like yesterday, they don’t have much technical significance, but could offer buyers something to rely on in an attempt to keep price action afloat heading into the end of the week. This as we are currently starting to see a battle around the 100-day moving average of 1.1631, where price has not fallen firmly below since March of this year. So this is a key line to watch, besides expirations.

For more information on how to use this data, you can refer to this article here.

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Michael Johnson

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