EUR/USD – H4 graph shows reflection from resistance set on previous high. Price is slowly falling into lower areas. It seems that target of supply may be support located lower, which soon will overlap with the trend line. In near future we can expect declines so consider option PUT.
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AUD/NZD – on H4 chart indicates prevailing side trend since end of May. Currently price is approaching the upper limit, ie readable resistance zone. If the sideway tendency is to be maintained, at least a short-term bearish response should occur in this region. In this context, consider PUT option.
