FX possibility expiries for 19 November 10am New York lower
There is only one to be aware of on the day, as highlighted in daring.
That being for EUR/USD on the 1.0600 stage. It is not one which holds a lot technical significance and with the greenback retracing again a few of its strikes from final week, the expiries could not supply an excessive amount of pull on such a day. The pair is now trapped inside a technical field in between its 100 and 200-hour transferring averages. That’s seen between a variety of 1.0564 to 1.0635 at the moment. So, there’s room to roam round there.
That being stated, the 23.6 Fib retracement stage of the swing decrease this month is seen at 1.0600 as properly. So, that may assist so as to add one other layer a minimum of on the day by day chart.
For extra info on the best way to use this information, it’s possible you’ll discuss with this put up right here.
This text was written by Justin Low at www.ubaidahsan.com.
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