📊 FX Option Expiries — March 27, 2026 (NY Cut)

📊 FX Option Expiries — March 27, 2026 (NY Cut)

■ Spot

---

■ Friday (March 27)

EUR/USD

• 1.1390 (530M)
• 1.1550 (730M)
• 1.1575 (890M) ★ Largest
• 1.1600 (1.5B)
• 1.1650 (500M)
• 1.1665 (710M)

👉 Spot: 1.1543

• 1.1550–1.1575 = strong pin zone
• Above: 1.1600 acts as a heavy resistance

---

USD/JPY

• 159.00 (590M)
• 161.40 (900M)

👉 Spot: 159.61

• Downside: pullback pressure toward 159
• Upside: 161.40 is a distant magnet (low short-term impact)

---

GBP/USD

• 1.3300 (570M)
• 1.3400 (540M)
• 1.3450 (750M) ★ Largest

👉 Range centered around 1.3350

---

USD/CAD

• 1.3800 (580M)

👉 Spot: 1.3854

👉 Downward attraction toward 1.3800

---

AUD/USD

• 0.6900 (510M)
• 0.6950 (740M)
• 0.7000 (810M)
• 0.7100 (690M)

👉 Spot: 0.6904

• 0.6900–0.6950 = key zone
• Below: strong support
• Above: sell-on-rally area

---

■ Monday (March 30)

EUR/USD

• 1.1700 (910M)

👉 A standalone upside magnet
👉 Potential gap-up target

---

■ Overall Structure

✔ EUR/USD
→ 1.1550–1.1575 pin zone + 1.1600 resistance

✔ USD/JPY
→ Pullback structure toward 159

✔ GBP/USD
→ Range centered at 1.3350

✔ USD/CAD
→ Attraction toward 1.3800

✔ AUD/USD
→ 0.6900–0.6950 support zone

---

■ Market Implication

👉 This is a classic:

“NY cut-driven + pre-weekend range-bound market”

---

Key characteristics:

• Trends are unlikely to develop
• Price tends to revert to central levels
• Breakouts are prone to failure

---

🎯 Trading Strategy

✔ Effective Approach

👉 Mean reversion (fade trades)

• Sell highs
• Buy lows
• Target moves back toward central strikes

---

✔ Key Levels

• EUR/USD: 1.1550–1.1575
• USD/JPY: 159
• AUD/USD: 0.6900–0.6950

👉 Focus on option “magnet” levels

---

❌ Avoid

• Breakout chasing
• Trend-following setups

---

📌 One-Line Summary

👉 “Option gravity dominates — mean reversion day.”