FX option expiries for 21 March 10am New York cut ...Middle East

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The first ones are for EUR/USD in between the current spot price at 1.0800 and 1.0850. That should help to keep price action more anchored in the session ahead after the drop yesterday saw sellers seize near-term control. The overall risk sentiment remains the key driver to watch before the weekend, so just be wary of how that will feed into dollar sentiment as well later.

There is also one for USD/CAD at the 1.4300 level but it doesn't tie to any technical significance. If anything, the expiries should just help to keep the pair underpinned before we get to US trading at least.

For more information on how to use this data, you may refer to this post here.

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

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