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 the early morning declines on USDCAD, pair crossed local support at 1.3457 and reached handle 1.3424, where demand response has already occurred. If this level is rejected we would expect at least an upward correction and re-test of the above mentioned level of 1.3457, all the more that the resistance is in the area of 38.2% of the Fibonacci correction from the entire downward movement from last week. So in the short term, you should consider the CALL option on this instrument.
BDSwiss offers a 72% return. If you win, this is how much you will earn. If you lose, you never lose more than you bet. You can also choose other options expiration time, both in the shorter and longer term.
