Option for today is a series of analyses for binary options in cooperation with the BDSwiss broker. Every day we present the best options PUT or CALL for selected financial instrument with its current technical analysis.
Currency pair NZDUSD has been moving south for a long time in a downward channel. As a result of today’s rejection of the lower channel boundary the market reached local resistance, converging with 38.2% of the Fibonacci correction where the first bearish response occurred. Rejection of this zone could open the way for further declines. In short term, therefore, it is worth considering PUT option on this instrument.
BDSwiss offers a 72% return. If you win, this is how much you will earn. If you lose, you never lose more than you bet. You can also choose other options expiration time, both in the shorter and longer term.
