There are a couple to keep in mind on this day, as shown in wide.
The first is the EUR/USD expiry range from 1.0745 to 1.0775. This will likely help prevent the price action from moving too far to the upside during the day. This is in addition to the 100 hour moving average at 1.0758 currently. The pair is trading in a limited range between that level and its 200-hour moving average at 1.0730 at the moment.
Then, there is one for USD/CHF at 0.9100. This could help keep price action tighter as well, with the overall dollar mood remaining at least tepid for now.
Finally, the AUD/USD pair is at 0.6540. However, it is not of great artistic interest. The pair's 100-day moving average at 0.6576 remains the level to watch on the daily chart. But the pair is also seeing the 200 hourly moving average at 0.6563 as a key near-term support level. This was what halted the decline yesterday and will be something to watch in the next session as well.
However, if AUD/USD drops below there, we could see expiry periods around the 0.6525-40 area help cap any downside – at least before a decline later in the day.
For more information on how this data is used, you can refer to this post here.
