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Friday, November 24, 2006

FX OPTIONS: EUR/USD Exotic Barriers at 1.3200, 1.3250 & 1.3300+]

Exotic option barriers are located at 1.3200, 1.3250, 1.3300, 1.3400, 1.3450, 1.3500, and 1.3600. Many of these triggers are the peaks of Double No Touch options. All of them reside ahead of the EUR/USD 1.3667 all-time peak scaled in late December 2004 (post-Xmas/pre-New Year). A batch of exotic barriers from 1.3000 up to 1.3100 was erased during today's European morning.

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