FX option expiries for 22 January 10am New York cut ...Middle East

The first being for EUR/USD at the 1.0400 level. That may very well keep price action stickier in the session ahead or at least keep any downside in the euro more limited amid the fresh tariffs threat from Trump.

Support at the 155.00 level remains more crucial with upside now creeping above its 100-hour moving average of 155.73 - a key near-term level that held any upside push since Monday. If buyers can keep this up, it frees up space to roam between that and the 200-hour moving average of 156.60 currently.

here.

This article was written by Justin Low at www.forexlive.com.

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