FX option expiries for 30 May 10am New York cut
<p>There is just perhaps one to take note of for today, as highlighted in bold.</p><p>That being for EUR/USD near the 1.0700 mark, so that could see price action be more sticky in the session ahead. That said, the expiries are not really at a significant level and the size is not too relevant as it is split between 1.0690 and 1.0700 itself.</p><p>The pair remains in a downtrend with near-term resistance from the 100-hour moving average (currently at 1.0733) with support areas rather limited. The next key one comes closer to the February and March lows just above 1.0500.</p><p>Besides that, just keep in mind on the larger expiries for EUR/USD later in the week.</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.
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