Option for today is an analysis series for binary options in cooperation with BDSwiss broker. Every day we present the best PUT or CALL options for a selected financial instrument along with its current technical analysis.
Almost from the beginning of June EURCAD moves south. As a result of these declines market broke local support at 1.4985 and reached lower limit of a long-term consolidation where yesterday first demand response occurred. Rejection of currently tested support could open the way to growth which would lead to a re-test of the previously broken support (now resistance). So in short term, you should consider CALL option on this instrument.
BDSwiss, offers 70% return on options. If you win, the greater will be the percentage of your earnings from invested stake. If you lose, regardless of the size of the defeat, you will never lose more than you bet. You can also choose other expiration hours for options, both shorter and longer.