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.
EURNZD has been moving north for a long time. As a result of these increases, price reached 1.6200 resistance level, where today, like in May there was a strong supply reaction. Permanent rejection of this zone could open the way to declines, for which potential target would be even around the upward trend line. Both in short and in a slightly longer time horizon, it is worthwhile to consider PUT option on this instrument.
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