EUR/USD – On H1 pair indicates a bearish channel which was created recently. Currently upward movement is heading towards its upper edge. In short term you should consider CALL option expecting continuation of the trend. Once we reach the upper edge, if there is a supply reaction consider PUT option in longer term of expiration.


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GBP/AUD – on H1 chart price from June 9th perfectly respects edges of downward channel. Currently price oscillates at the upper edge and local resistance. If current trend is to hold, price should start to fall. In this context, you may consider PUT option.

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