FX possibility expiries for 29 November 10am New York reduce

The expiries board would not comprise an excessive amount of on the day, with it nonetheless coinciding with the Thanksgiving vacation interval. US markets shall be open however it’s seemingly that liquidity situations will stay thinner than normal. Trying on the board, maybe there is only one to pay attention to – that being for EUR/USD on the 1.0600 stage.

It isn’t one which holds any technical significance although, so there’s that to concentrate on. However with the greenback holding weaker into month-end, we might see worth motion lengthen in the direction of that within the classes forward. And such, the expiries alongside some gives layered there might assist to restrict any upside at the least till we get to US buying and selling.

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This text was written by Justin Low at www.ubaidahsan.com.



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