We continue our series of articles about vanilla options on easyMarkets.
AUD/USD H1
The AUD/USD is in a downtrend below the red line. Recently price reached support set by low from March 9th and bounced of it. Therefore, there is an increased chance of reversing the trend. However, the reversal signal would be to break the red line, which is currently at 0.75. One way to use this signal would be to open a long position on buy options, such as those offered by easyMarkets.
