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 yesterday’s declines NZDUSD reached local support where today a strong demand response occurred. Permanent rejection of this zone could open the way to growth. This scenario can also be supported by the fact that this level coincides precisely with the 50% Fibonacci correction from the earlier bullish movement. So in short term, you should consider CALL option on this instrument.

NZDUSD H4

 

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