A look at what is on the board for today


A couple of key ones as highlighted in bold.

Notably they are mostly acting as caps or minor ceilings with that being the case for EUR/USD at 1.2200, USD/JPY at 110.00, and GBP/USD at 1.4200.

One can argue that the one rolling off for USD/CAD is also similar considering where the spot price is. Though key near-term resistance sits closer to 1.2140 in the pair.

That said, keep in mind that a lot can change after the US PCE data later but at least be aware that there are these levels in play before they roll off later.

For more information on how to use this data, you may refer to this post here.