• DTCC data shows EUR 3.5-billion 1.1900 option strike expiries this week

• Related delta hedging flows could help support market around this level

• Dealers also tout pre 1.1900 bids - EUR found support before 1.19 Thur-Fri

• FX options favour range trading, albeit with a downside lean nL1N2LA0PX

• Expectations for post Fed volatility Wed's, propping 1-week vol mid 7's

• Related nL1N2LA13D

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