AUD/USD – H1 chart shows dynamic upward trend. Recently, there has been a pull back and pair returned to previous highs. Here the declines have slowed down and consolidation has been taking place for several hours. It seems that this is a good place to return to the trend, so reflecting up from the consolidation may be considered as a signal for option CALL.
NZD/JPY – we have a similar situation here. We also have a long-term upward trend, exit to new high and a corrective withdrawal. The price fell to level of support set by a series of earlier highs. Currently, there is a slight reaction from buyers. It is possible, however, that demand will become active in this area. In this context, consider CALL option.
