Currency option expires July 25 at 10:00 am New York discount

As highlighted below, there is only one thing to note per day. intrepid.

AUD/USD is at 0.6770 and the 100 hourly moving average is currently close to 0.6765, which helps limit gains on the day. This may play an additional role in keeping price action lower, but we may see a widening in ranges in Europe so I wouldn’t get too attached to the narrative.

The 200 hourly moving average is still at 0.6800, thus offering a little more breathing room for sellers to defend in any case.

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