Currency option expires March 6 at 10 a.m. New York outage

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As highlighted earlier, there are a few major events to look out for during the day. bold.

This is around the 1.0840 to 1.0875 levels for EUR/USD. Expiry layers here could keep price action stickier in the session, especially when there’s little to work with until we get to the ADP employment report later on. Besides, euro investors may be more uncertain about the prospects for the ECB’s meeting tomorrow.

From a technical perspective, a cross between the 100- and 200-day moving averages for EUR/USD at 1.0830-34 could also help limit any significant downside for now.

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

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