Binary Option for today is a series of binary options analysis in cooperation with the BDSwiss broker. Every day we present the best PUT or CALL options for the selected financial instrument with its current technical analysis.
USDCHF has tested several times the defeated in last week level of 0.9713. Last week’s declines defeated the line of the previous upward trend and formed a new, lower low. If the market will reject the current resistance definitively, it could be a signal to open the PUT option on this instrument.
An additional confirmation may be the fact that the current correction creates a triangle formation and from a technical point of view, the more likely it seems to be going down from the triangle and then the continuation of the previous downward trend.
BDSwiss offers a 77% 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.
