There are just a couple to take note of on the day, as highlighted in bold below.
That being for EUR/USD at the 1.1600 and 1.1640 levels. The expiries are sandwiching the 100-hour moving average, seen at 1.1623 currently. As things stand, the pair continues to be pinned down by the key hourly moving averages and so the expiries above should help to play a role in keeping price action more limited in European trading.
The 200-hour moving average, seen at 1.1660 currently, is the upper bound having helped to limit the upside on Friday.
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!
This article was written by Justin Low at investinglive.com.
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