AUD/USD on H4 chart is in a downward trend, since the end of July each new high appears at a lower level. At present, after a large correction, in the resistance zone we have a bearish formation. This shows response of supply at resistance. It seems that price may start falling in near future, so consider option PUT.
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USD/CAD – last Friday there was a stronger reversal of the price in a bullish trend which we can see on H1 chart. Price stopped at closest support where a rebound occurs. It seems that demand will continue to maintain the trend, so in short term we can expect growth. In this context, we can consider CALL option.
