Forex Orders

NZDUSD has run into resistance after strong rally 3 April

As per Eamonn’s earlier post we have the following option expiry interest at 14.00GMT/10.00EST today

  • 0.7250 497m
  • 0.7275 250m
  • 0.7285 318m

After a strong rally from 0.7200 to 0.7263 we’re currently back at 0.7250 now also helped by  general USD demand. Expect the range to remain contained as both sides of the options defend their position.

AUDUSD also large (1bln) interest at 0.7680 which provided the platform earlier for a test above 0.7700, as I highlighted in my order board post, but now down nearby again for another look.

Remember these are vanilla options and in play right up until expiry even if breached in the meantime unlike barrier options which cease to be once broken.

For more info on how to use this all data, please refer to my post here

Source link

Articles You May Like

US economy progressing just fine
Trading Forex!! Profit 100% Lebih sehari dengan tehnik Scalping
Trump Live with S. Korea’s Moon
Forex trading system Profit Monster $33000 Per Month
A race to the bottom

Leave a Reply

Your email address will not be published. Required fields are marked *