EUR/USD 29 April Expiries Cluster 1.1695-1.1700 Near MAs Ahead of ECB, US-Iran Risks

EUR/USD 29 April 10am New York expiries at 1.1695-1.1700 could pin price action in a tight range, with 200-day MA support at 1.1675 and 200-hour MA resistance near 1.1734, ahead of tomorrow's ECB decision and persistent US-Iran headlines. The story started 20 April with 1.1750 expiry above the 200-hour MA (~1.1740), climbed to 1.1760-1.1800 clusters on 21-22 April bracketing MAs, then dove to heavy 1.1650-1.1700 blocks on 23-24 April amid US-Iran tensions and oil spikes fueling dollar strength. Levels stabilized around 1.1700 through 27-29 April near key MAs, but geopolitical risks threaten breaks.