EURUSD at long term 61.8% retracement

Intraday Update: The EURUSD as noted earlier, is trading at 1.0200 and slightly below now, but this is a long term 61.8% Fibonacci level of the Sept 2022 lows to July 2023 highs. Intraday, only back above the 1.0230 would take the downside pressure off. Also, over 3bn options are expiring today at the 1.0200 level.
Beyond Technical AnalysisEUREURUSDFibonacciSupport and Resistance

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