The option for today is an analysis cycle for 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.
As a result of very dynamic Friday growth, EURCAD passed local resistance, broke out through the top of two-week consolidation. Today we have re-tested the upper limit of this box where demand response occurred. A permanent rejection of this support could open the door to further growth even in the vicinity of August’s maximum. So in the short term, you should consider CALL option on this instrument.
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