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.
As a result of last week’s decline the market beat support around 0.7530 and reached April’s lows, which coincided with the 61.8% correction of Fibonacci’s previous upward movement, where first demand response has occurred. This level has not been rejected yet but given that the 0.7530 support mentioned earlier has not yet been tested from the bottom (as a resistance), we should expect at least a upward correction in the nearest future. In short term, therefore, it is worth considering CALL 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.
