EUR/USD expiries at 1.1550 and 1.1565 may influence price action near the 100-day moving average before US jobs data.
EUR/USD options expiring at 1.1550 and 1.1565 levels could act as resistance, with the latter close to the 100-day moving average of 1.1568. Traders may hesitate to push prices higher without clearing this barrier, keeping sentiment cautious ahead of Friday’s US non-farm payrolls report.
The dollar remains subdued following recent USD/JPY intervention, limiting conviction in either direction. Support at 1.1500 and the 100-hour moving average at 1.1526 may anchor price action, preventing sharp moves. Market focus shifts to tomorrow’s jobs data, reducing appetite for aggressive positioning.
USD/JPY expiries at 157.50 and 157.75 hold little significance amid heightened intervention risks. The pair’s dynamics have shifted post-joint US-Japan action, overshadowing technical levels.