FX option expiries for 18 October 10am New York cut

<p>There are a couple to take note of for EUR/USD on the day, as highlighted in bold.</p><p>The main one being at 1.0500 which keeps with the expiries we have seen in the days before as well, adding to a defensive layer for the pair in case price action does trend downwards. But for today, there is one at 1.0600 but I don't see that as having too much pull for price action. The key resistance for EUR/USD remains at the 23.6 Fib retracement level at 1.0643 so that matters more to limiting any upside movement currently.</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.