EUR/USD Trapped Between 1.1400 and 1.1450 Option Expiries Ahead of Eurozone PMIs

EUR/USD faces key foreign exchange option expiries at the 1.1400 and 1.1450 strikes for the 10:00 AM New York cut on September 23, boxing spot prices inside a 30-pip range. Persistent US dollar strength driven by elevated Treasury yields threatens downside toward 1.1400, while upward moves face resistance at 1.1450 and the 100-hour moving average at 1.1468. Traders also anticipate preliminary PMI data from France, Germany, and the Eurozone. This follows the September 22 session, when EUR/USD traded beneath a 1.1500 option expiry and a 1.1485 moving average.