Ransquawk

EURUSD – on the H4 chart we can see that price for  the second time is testing clear resistance level in the area of last low. In the beginning of November this zone caused strong bearish reaction. Currently the price slowly is getting close to the resistance, it doesn’t look like it could break it. It seems like bears can again use this level to start depreciation consistent with the trend. It is worth to think about PUT option.

GBPNZD – weakness of New Zealand dollar is used by stronger sterling. On the H4 chart important resistance was broken. It seems like further gains are probable. In this situation you should consider CALL option.


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