The option for today is a series of articles about binary options in cooperation with uTrader broker. Every day we present the best PUT or CALL options for a selected financial instrument along with its current technical analysis.


Since last Friday, the AUDNZD currency pair fluctuates around local support, where the demand response has already appeared several times. Nevertheless, this zone has not been permanently rejected. However if this happened, we would expect further increases. This scenario may also be supported by the fact that this support is in the area of measuring 61.8% of the Fibonacci correction from previous increases. In short term, it is worth considering CALL option on this instrument.

 


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