FX option expiries for 24 March 10am New York cut ...Middle East

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FX option expiries for 24 March 10am New York cut

There are just a couple to take note of on the day, as highlighted in bold.

They are both for EUR/USD at the 1.0800 and 1.0850 levels. With sellers continuing to keep near-term control, this should continue to lock down price action for the pair within the range. That before we get to the euro area PMI data releases later in the day at least.

    A firmer break under 1.0800 could run some stops and lead to more short-term downside for the pair this week. So, just watch out for that.

    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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