22 May NY Cut FX option expiries

The following are the 22 May NY Cut FX option expiries at 10:00ET provided via DTCC:

EURUSD: 1.1085-95 (EUR 836m) 1.1100-10 (927m) 1.1130-40 (458m) 1.1150 (879m) 1.1200 (1.1bln) 1.1225 (1bln) 1.1240-50 (1bln) 1.1300-10 (735m)

USDJPY: 110.00 (USD 594m) 110.50 (250m) 111.00 (404m) 111.20 (331m) 111.40-50(1.03bln) 112.00 (633m) 112.40-50 (1.02bln) 113.00 (675m)

GBPUSD: 1.2930 (GBP 180m) 1.2975 (1.1bln) 1.2995-3000 (273m)

EURGBP: 0.8450 (EUR 190m)

AUDUSD: 0.7400 (AUD 366m) 0.7530-40 (566m) 0.7600 (203m)

USDCAD: 1.3600-10 (USD 216m)

EURJPY: 124.25 (EUR 805m) 125.00 (338m)

1000 pips EUR NZD Elliott wave analysis bearish setup?

22 May EUR NZD Elliott wave analysis Chart: EURNZD Elliott wave analysis, 6 hour chart

The chart above shows an impulse wave advance. The minimum fall, if it happens, is expected to be at 1.5. A break below the broken inside channel could be a good entry for sellers. There is also an engulfing pattern on the daily that could give an alternative entry plan. If price breaks below the outer channel, the potential down is huge and could get to 1000 Pips. See the complete 22 May EURNZD Elliott wave analysis here

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