EUR/USD options expiring at 1.1350-1.1400 levels may cap price action before Friday’s US non-farm payrolls report.
EUR/USD options expiring today are concentrated between 1.1350 and 1.1400, with notable strikes at the 1.1400 level. These expiries align closely with key hourly moving averages at 1.1394-98, potentially limiting near-term upside movements.
Traders are adopting a cautious stance ahead of the US non-farm payrolls report, which is expected to influence market direction. The expiries may act as boundaries for price action during European morning trade before the data release.
US markets will be closed tomorrow for the Independence Day holiday, further reducing liquidity and volatility in the short term.