Key option levels for Wednesday, March 29th

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EUR/USD


Main trend Short-term period Medium-term period
Bearish Neutral
Changes in the open interest - 71 705 ↓ - 40 205 ↓
Closest resistance levels 1.0819; 1.0850; 1.0870; 1.0902
Closest support levels 1.0790; 1.0760; 1.0741; 1.0696
Trading recommendations
Baseline scenario Short EUR/USD below 1.0790 (or from 1.0819), with target points at 1.0760 and 1.0741
Alternative scenario Moving above 1.0819 can be considered as a signal to Buy the pair, with target at 1.0850 and 1.0870

 


USD/CAD


Main trend Short-term period Medium-term period
Bullish Bullish
Changes in the open interest - 24 ↓ - 19 ↓
Closest resistance levels 1.3385; 1.3414; 1.3464; 1.3492
Closest support levels 1.3346; 1.3323; 1.3284
Trading recommendations
Baseline scenario Long USD/CAD above 1.3385 (or from 1.3346), with the target points at 1.3414 and 1.3464
Alternative scenario Moving below 1.3346 can be considered as a signal to Sell the pair, with target at 1.3323 and 1.3284

 


 AUD/USD


Main trend Short-term period Medium-term period
Bullish Bearish
Changes in the open interest - 328 ↓ - 106 ↓
Closest resistance levels 0.7657; 0.7681; 0.7715; 0.7757
Closest support levels 0.7623; 0.7593; 0.7567; 0.7532
Trading recommendations
Baseline scenario Long AUD/USD above 0.7657, with the target points at 0.7681 and 0.7715
Alternative scenario Moving below 0.7623 can be considered as a signal to Sell the pair, with target at 0.7593 and 0.7567

 

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