Currency option expires February 23, 10:00 a.m. for New York outage

As highlighted previously, there are some maturities to consider for EUR/USD. bold. They are layered around 1.0815-30, but they should not be too influential during the day. Currently, the pair will try to settle on bids around the 1.0800 level to continue knocking on the door of the 200-day moving average at 1.0827. Despite the rise in European trade yesterday, the parity could not overcome this barrier at yesterday’s close (1.0822).

Therefore, expirations can help keep price action within this range before moving lower later in the day.

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