As highlighted earlier, there are a few big events to note for the day. bold.
The first is at 1.0900 for EUR/USD. This is currently positioned next to the 200 hourly moving average. And this will help limit today’s price movement before futures expire.
There are also big ones for AUD/USD from 0.6565 to 0.6580. This is located in and around the 200-day moving average of 0.6577 and, if anything else, could act as a magnet for price action in the coming session. This could see the pair observe limited movement unless there are any major changes in bond market sentiment and risk sentiment.
For more information on how to use this data, you can refer to the article here.