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 the selected financial instrument with its current technical analysis.
USDCHF pair after the uptrend period from the end of September yesterday defeated the trend line thus giving the first sign of an alternative change of attitude of the market. We should also pay attention to the today broken support level 0.9877.
In the near future we could expect upward correction and re-test of the mentioned trend line but we are already seeing a strong reaction from the bears in the area of 0.9877.
Overcoming today’s lows could be a signal to consider PUT option on this instrument.
BDSwiss offers a 71% return if the option. If you win, this is how much you will earn. If you lose, you never lose more than you bet. You can also choose other options expiration time, both in the shorter and longer term.