EUR/USD Expiries Cluster at 1.1400-1.1450 as US-Iran Risks Dominate

On 10 July, EUR/USD option expiries clustered between 1.1400-1.1450 with the largest at 1.1400-05, potentially capping downside while minor resistance sits near 1.1460. Over the prior four sessions, repeated 1.1400 strikes from 6-9 July acted as intraday anchors near the 200-hour moving average at 1.1397, though their influence remained secondary to dollar sentiment. Broader flows stayed driven by US-Iran geopolitical headlines and mixed risk appetite, overriding technical levels in EUR/USD, GBP/USD, and USD/JPY. The pair traded within a narrow range as option-related support failed to trigger sustained directional moves.