The option for today is an analysis cycle for binary options in cooperation with uTrader broker. Every day we present the best PUT or CALL options for a selected financial instrument along with its current technical analysis.
As a result of yesterday’s dynamic declines AUDCHF has broke out through the bottom of local consolidation. It is worth noting that the lower limit of this box has not been tested from the bottom (as a resistance) and currently price is in area of further support, where first demand response has already occurred. A permanent rejection of the currently tested zone could open the way for a deeper (up to 85 pips) bullish correction. In short term, therefore, it is worth considering CALL option on this instrument.
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