There is just one to take note of on the day, as highlighted in bold.
That being for EUR/USD at the 1.0850 level. It isn’t one that ties too much with any key technical levels but the expiries could help to just keep a lid on price action for the session ahead. That considering there is little else to work with for the time being. But stronger resistance is seen closer to the 200-day moving average at 1.0871 and then the 100-hour moving average at 1.0880 currently.
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.
Leave a comment