Currency option expires August 22 at 10:00 a.m. New York cut

As highlighted earlier, there is only one thing to note in the day. intrepid.

This is again at 1.0900 for EUR/USD. This could help keep price action more restrained, especially given that we are currently hovering between the 100 hourly moving average (1.0886) and the 200 hourly moving average (1.0919). But looking at the bigger picture, the 100-day moving average at 1.0930 helps the sellers still stay in a good spot to follow a further downside move. This is the basic technical level to follow for now.

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