Currency pair AUDCHF on the hourly chart reached the resistance near the 0.7290 level. There, you will notice a slight reflection.

If the mentioned resistance will stop the bulls from further expansion, probably will decline today, so you can consider purchasing PUT options (to drop). Negation of such a scenario will occur at the close above resistance and the local high which is now formed.
1204-AUDCHF


Test account with a broker binary options uTrader! Click here to invest

Binary options broker uTrader offers a return. If you win your account will increase by a percentage of the invested amount. If you lose, regardless of the size of the defeat, you never lose more than you bet.

Leave us a comment!