AUD/USD – on H4 chart the price is constantly decreasing. Currently, it is breaking local support based on earlier lows and also descending to new bearish trend lows. It seems that strengthening of the US currency will continue and another target is in the mid-August low. So consider option PUT.

EUR/JPY – H4 chart shows a broader upward trend. Despite recent strong declines price has stayed at a level of readable support. This seems to be the attempt to initiate a rebound. In this context, it is worth to consider CALL option.

 


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