CHF/JPY – On H4 chart, we see an upward trend in a channel. Recently, however, the price has problem to set new maximum and the correction prolongs. On Monday there were stronger declines, yesterday were several weaker bullish candles. Today the price falls again. It seems that after yesterday’s correction, the course returns today to declines, whose target in the long run may be the bottom edge of the channel. It is therefore worth considering the PUT option.
EUR/GBP – H4 quotes are moving sideways recently as part of a downward trend correction. Currently, the price has fallen under resistance which limits this consolidation. It is possible that in direction of the trend, there will be some response of supply. In this context, consider PUT option.
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