Key FX option expiries at 1.1700-1.1715 for EUR/USD and 0.7250 for AUD/USD may influence near-term price action today.
FX traders are monitoring option expiries for EUR/USD between 1.1700 and 1.1715, levels that could act as a near-term floor. The pair’s hourly moving averages sit at 1.1716-23, with buyers maintaining control, while resistance is seen near 1.1800. A positive risk mood may limit dollar strength, capping downside moves.
USD/JPY expiries at 156.00 are unlikely to sway the pair, which remains driven by broader market sentiment and Japan’s currency interventions. Despite recent efforts, the yen failed to break below 155.00, rebounding above 156.00 even as the dollar weakened on geopolitical optimism.
AUD/USD faces expiries at 0.7250, though these lack technical significance. The level may serve as a short-term anchor amid ongoing price action, with no clear directional bias indicated.