The option for today is a series of articles about 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 declines lasting from Friday, AUDUSD has already broken technical support at 0.7634, which is the lower limit of consolidation. Today there was a re-test of this level from the bottom and a strong supply reaction occurred in its vicinity. A permanent rejection of this zone could open the way to further declines. In the short term, therefore, it is worth considering PUT option on this instrument.


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