On a slow market, without any tier 1 data being published it's wise to know the options expiry levels.
EURUSD - 1.2300 (EUR 1.7bln), 1.2350 (EUR 506m), 1.2400 (EUR 1.2bln), 1.2500 (EUR 2.2bln), 1.2550 (EUR 3.1bln)
Thoose are todays levels we should be aware off. With market conditions like today (No major news, low liqudity, price is close to the large options expiry levels) it might be worth to play with thoose levels. That's why my long idea is based on a move towards 1,25 level or 1,255 in extension.
EURUSD - 1.2300 (EUR 1.7bln), 1.2350 (EUR 506m), 1.2400 (EUR 1.2bln), 1.2500 (EUR 2.2bln), 1.2550 (EUR 3.1bln)
Thoose are todays levels we should be aware off. With market conditions like today (No major news, low liqudity, price is close to the large options expiry levels) it might be worth to play with thoose levels. That's why my long idea is based on a move towards 1,25 level or 1,255 in extension.