AUD/JPY – H4 chart shows that after breaking the resistance zone, which is set by the two previous highs, there was a mild correction. In the same zone, there is now a dynamic rebound. The demand response indicates that we are dealing with a classic re-test. It seems that the price should grow, in direction of the last maximum. So let’s consider the CALL option.
NZD/USD – we also have a similar technical situation here. On H4, the top of the bearish channel was broken and recently the price jumped above important resistance. Correction to the level of the last high and strong reflection also indicate a classic re-test, after which the price should continue to increase. In this context, the CALL option should be considered.
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