FX option expires for the July 6 cut in New York at 10 a.m. M.

A look at what’s on the board for today

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A couple of keys to consider, as highlighted in Audaz .

In particular, there are large overlays for the EUR / USD from 1.1865 to 1.1905, so they can anchor the price action with the upside also limited by the 200 hourly moving average in the pair currently seen at 1.1893.

As for USD / JPY, there is also some hedging closer to 111.00, perhaps with extended time frames expected to fall to the level of the figures later in the day.

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

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