Forex Orders

There are a couple of sizable ones to take note of, as highlighted in bold.

That said, all of which may be quite a distance to the spot price to matter all too much. Among those, I’d be watching the one for USD/JPY at 134.00 as considering the market mood, that could be a plausible level in play. But recent lows around 134.25-50 may help to limit any downside though the drop from 137.00 to below 135.00 now is rather notable as sellers start to resume near-term control.

Besides that, the 1.0500 level and key hourly moving averages at 1.0513-25 will limit price action for EUR/USD before we get to the expiry layers from 1.0540 to 1.0600. As such, there might not be much interest.

And the ones for AUD/USD and NZD/USD are a little far away, especially considering that the focus now is on the technical break to the downside for both pairs.

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

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