FX option expiries for 22 August 10am New York cut

<p>There is just one to take note of on the day, as highlighted in bold.</p><p>That being for EUR/USD at the 1.0900 mark once again. That is likely to help keep price action more contained, especially as we are now hovering in between the 100-hour moving average (1.0886) and the 200-hour moving average (1.0919). In the bigger picture though, the 100-day moving average at 1.0930 is still helping to keep sellers in a good spot in chasing a further downside move. That is the key technical level to watch for now.</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.