The pair is looking well supported with large option interest rolling off today
As per my earlier daily options post and order board we've seen good defence of 0.7640 in Asia and it's not taken much in Europe to advance further.
Currently 0.7677 after 0.7681 highs just ahead of the 76.4% fib retracement of the 0.7710-0.7590 move.
Offers into 0.7700 and strong interest at 0.7720 but we can expect 0.7640 to be defended ahead of the 14.00 GMT expiry.
USDCAD also has large interest in play at 1.3100 and USDJPY around 102.05 should we get anywhere near.
Remember that these are "vanilla" options so still in play right up to expiry at 14.00 GMT on the day even if breached in the meantime, unlike barrier options.
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