FX option expiries for 18 December 10am New York cut
<p>There are a couple to take note of on the day, as highlighted in bold.</p><p>The first being for EUR/USD at 1.0910, which could just keep price action more sticky before the expiries roll off. From a technical perspective, the level doesn't hold any significance as key resistance is still seen closer to 1.1000 being the main draw for now.</p><p>Then, there is the one for AUD/USD at 0.6740, which also doesn't offer any technical significance for the pair. As such, the expiries could just serve as a speed bump for the pair as buyers continue to push price to the highest levels since July for the time being.</p><p>For more information on how to use this data, you may refer to this post <a href="https://www.forexlive.com/Education/!/forexlive-education-option-contracts-their-impact-and-how-to-trade-off-them-20161116/" target="_blank" rel="follow">here</a>.</p>
This article was written by Justin Low at www.forexlive.com.
Leave a Comment