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There are just a couple to take note of on the day, as highlighted in bold below.
They are for EUR/USD at the 1.1590-00 and 1.1675-80 levels. In a sense, they are acting as bookends to price action as we look to the session ahead. The market mood might be calmer now but the key driver for price action will still be any reactions or spillovers from the blowup in global bond yields. So, just be mindful of that. However, the expiries above could at least help to limit any extensions if the more tentative mood persists until we get to US trading at least. 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. More... |
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