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.
NZDUSD currency pair due to the ongoing growth from Tuesday arrived yesterday at around the level of 0.7235. This is the second re-test of this resistance since declines caused by the latest decision of the Reserve Bank of New Zealand (RBNZ) to maintain the OCR (official cash rates) at the level of 1.75%. If also this time, this level is rejected, we expect continuation of declines. This scenario also supports the current situation in the Stochastic oscillator, where we can observe a significant sold-out. Both in the short and in the slightly longer period should therefore be considered a PUT option on this instrument.
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