FX possibility expiries for 9 January 10am New York lower
There are fairly just a few to pay attention to, as highlighted in daring.
They’re all for EUR/USD with the massive one to take on the 1.0300 stage. That might very nicely act as a magnet for worth motion within the session forward, earlier than we get to US buying and selling no less than. Then, those at 1.0260-70 can even assist so as to add to a defensive layer for any additional greenback power – no less than in European morning commerce.
All that being mentioned, simply be reminded that it’s a pseudo US market vacation immediately and that might restrict any main actions within the day forward. For now, the greenback stays in prime place after the positive factors prior to now two days.
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This text was written by Justin Low at www.ubaidahsan.com.
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