The currency pair AUD/NZD reached today to the upper limit of the upward channel in which moves since last Friday. There could be observed response of supply, which brought the price for the support they provide levels of yesterday’s peaks.
If the price of stand on this support, it is possible that we will experience growth above current levels (option CALL) even today. Alternatively, the effective break support may indicate a southerly direction (PUT option) to the end of the day today and possibly test the lower limit of the channel.
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