Forex Orders


There are a couple to take note of, as highlighted in bold. That being for EUR/USD at 1.0850 and 1.0950, which are decent in size. However, they don’t hold much technical significance so I wouldn’t attach too much importance to the expiry levels noted.

Near-term support for the pair sits closer to 1.0818-37 at the moment from the key hourly moving averages with the 1.0800 level acting as another layer of defense. As for topside resistance, the region of 1.0920-30 is a bit of a barrier for buyers at the moment with sellers leaning on that to pin down price action since yesterday – working off the highs last week.

In the bigger picture, the key resistance level for the pair is at the 1.1000 mark.

For more information on how to use this data, you may refer to this post here.



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