Currency option expires July 11 at 10:00 am New York discount


There is no important maturity date to be considered for the day. Therefore, before the US CPI data arrives tomorrow, trade sentiment will continue to rely more on techniques and risk mood.

A few key points to watch will be the EUR/USD pair starting to break above 1.1000, with the April and May high being the key resistance zone at 1.1075-95. Next, there is USD/JPY falling further and it could test 140.00 in the next phase. And then there is AUD/USD rising to test the combination of the 100 and 200-day moving averages again at 0.6682-97.

These will be the focal points for dollar pairs, so keep an eye on that for now.

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

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