A look at what is on the board for today
Just one to take note of on the day, that being a modestly big one for EUR/USD as highlighted in bold.
That sits near the lows for the year and key support at 1.1704-11 so it may help to limit any potential downside movement before rolling off. That said, a breach below that could see stops taken out and a quicker downside push may ensue.
Something to be wary of is growing downside interest in expiries for EUR/USD for later in the week too with big ones layered between 1.1650 to 1.1700 tomorrow.
For more information on how to use this data, you may refer to this post here.
