It’s Labor Day but there are still a few expirations to consider, as the article points out bold.
The first concerns EUR/USD at the 1.0650 level. While this isn’t really a key level on the charts, it is one that could keep price action more rigid until we at least get to US trading.
Then there is the one for NZD/USD at 0.5940 which is quite large. However, the spot price is quite far from this, so I wouldn’t expect the expirations to make a big splash in the coming session. But expirations are currently near the 100 and 200 hour moving averages of 0.5930-43. So, if there is a sudden upward move in the pair, it could add another defensive layer at least in the short term.
For more information on how to use this data, you can refer to this article here.
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