Currency option expires September 1 at 10:00 am New York outage
As highlighted earlier, there are some major events to look out for during the day. intrepid.
All of these are for EUR/USD and will impact price movements after US nonfarm payrolls data later today.
The 1.0800 and 1.0820-25 levels will be levels that could contribute to a defensive layer in case of any downside pressure, with the 200-day moving average at 1.0815 and mainstream offers around 1.0800.
Meanwhile, 1.0885 and 1.0900 levels may keep price action intact before moving further later today. The most important technical bullish level to watch is the 100-day moving average, currently at 1.0921.
For more information on how to use this data, you can refer to the article here.