There are a few to note on this day, as highlighted bold.
The first concern EUR/USD at 1.0875 and 1.0900. This should keep price action more compact in this range on the day, given how little there is to work with in European trading as well. It’s a public holiday in most parts of Europe, so market appetite is likely to be sapped at the start of the week.
Next, there is one for NZD/USD at the 0.6100 level. This should help prevent price action from falling below the figure before expirations occur later.
In addition to this, the situation is a bit calm regarding expirations compared to the previous week. This of course illustrates the lack of significant events on the economic calendar, compared to what we saw last week.
For more information on how to use this data, you can refer to this article here.
cnbctv18-forexlive
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