Key expiries near 1.1400-1.1450 in EUR/USD could limit volatility as traders eye US-Iran tensions and Treasury yields.
EUR/USD faces limited option expiries at 1.1400 and 1.1450 levels, potentially capping intraday price swings. These levels align with recent rangebound trading, with technical resistance near the 100-hour and 200-hour moving averages at 1.1428-37.
The pair has traded in a tight range for weeks, with expiries often defining session boundaries. Broader sentiment remains driven by US-Iran geopolitical risks and rising Treasury yields, which have supported the USD.
Traders are monitoring headlines for further dollar momentum, though larger expiries for USD/JPY and AUD/USD are not in focus today.