• EUR/USD did little yesterday, range 1.1621-53 EBS, Asia today 1.1635-43

• On hold for now awaiting London, Europe re-opens, upside seen limited

• Crude oil off but market awaiting fresh news on US-Iran, flows light

• Spot holding below 1.1668-97 daily Ichimoku cloud, 1.1682/98 200/100-DMAs

• Above descending 200-HMA at 1.1634 though, cloud 1.1612-21 below

• Nearby option expiries today 1.1535-85 total E2.8 bln, 1.1600-45 E3.5 bln

• And 1.1650-95 E3.2 bln, 1.1700-75 E4.3 bln

• 1.1600-45 strikes likely to contain action for now

• View ECB could hike maybe twice during course of year supportive

• That said, ECB govt bonds rallied yesterday on US-Iran peace hopes

• Related , , ECB-speak
EUR/USD daily:


EUR/USD hourly:


EUR/USD nearby option expiries this week:

(Haruya Ida is a Reuters market analyst. The views expressed are his own)