Option for today is a series of analyses for binary options in cooperation with the BDSwiss broker. Every day we present the best options PUT or CALL for selected financial instrument with its current technical analysis.
As a result of ongoing declines from Tuesday AUDUSD pair reached vicinity of local support coinciding with the measuring 38.2% Fibonacci correction, where yesterday was demand response. Those increases did not last for long, and now once again we test the mentioned support. This time this zone coincides with uptrend line which could cause reappearance of demand response and occurrence of at least a bullish correction. In short term therefore should be considered CALL option on this instrument.
BDSwiss offers a 72% return. If you win, this is how much you will earn. If you lose, you never lose more than you bet. You can also choose other options expiration time, both in the shorter and longer term.
