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 lasting since mid-April this year growth EURJPY pair broke very strong resistance at 123.30 level. Then, after a short-term correction , re-test and rejection of this level took place so in near future we expect continuation of growth.
Looking on H1 chart, we note that as a result of yesterday’s gains, the pair has overcome upper limit of previous consolidation. We are currently experiencing a re-test of this level and, if it has been permanently rejected, we would expect continuation of growth. So in short term, you should consider CALL option on this instrument.
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