foreign exchange option expires on August 31 at 10 a.m. M. New York Court

A look at what’s on the board for today

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re is not much to consider for the day other than a large one for USD / CAD, as highlighted in Bold . This looks close to the spot price and offers a little magnet, as last week’s lows were also found near 1.2579, not very shaken yet.

200 day moving average for the pair is approaching 1.2539 and this is probably the key technical support level to watch in the event of a further decline.

Other than that, there isn’t much to attract traders’ interest throughout the day, although there are a few decent ones for AUD / USD. With that said, keep an eye out for Friday’s 0.7350 as it may offer some price action ahead of the NFP launch.

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

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