Morning Options: NZDUSD – PUT, GBPJPY – PUT

NZDUSD – on H4 chart is showing a downward trend lasting since the end of July. For some time resistance of the area around 0.7330 has been respected. Now price for the third time is reflecting from this zone. It seems that like previously also now it may happen at least for a short time. So consider option PUT.

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GBPJPY – on H4 chart continues to point to a significant advantage of sellers. Despite the attempt to initiate a rebound, on Friday afternoon, the price is still falling. It seems that the trend will continue, and in near future price will head towards the last minimum. In this context, consider PUT option.