Currency option expires 20 October 10:00 for New York outage


As highlighted earlier, there are several major events of the day to note. bold.

The first of these is at 1.0550 for EUR/USD, which could help limit price action near the 100 and 200 hourly moving averages, currently at 1.0557-65. Then, there are larger ones at 1.0620-25, which is currently standing closer to the 23.6 Fib retracement level at 1.0643, which is a key resistance level for the pair. These may not impact the game, but are worth considering in case we see a significant pullback in returns later in the day.

Then there is the one for USD/JPY at 150.00. Similar to yesterday, but as we mentioned before, the psychological barrier at the figure level remains a more important factor at the moment.

For more information on how to use this data, you can refer to the article here.

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