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.
EURCHF currency pair since last Thursday dynamically moved down. As a result of yesterday’s declines we beat local support at 1.0674. Today, from the very beginning of the session the market is moving north and taking into account the principle of changing poles saying that each level defeated as support should then be tested from the other side (as resistance), in the near future we could expect at least bullish correction and re -test aforementioned level 1.0674 coinciding with the golden ratio 61.8% Fibonacci correction of yesterday’s declines. In short term should therefore be considered a CALL option on this instrument.
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