The option for today is a series of articles about 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.
Since Friday AUDCHF oscillates in the area of significant resistance 0.7666, where the first supply reaction has already occurred. Considering the relatively small dynamics of the last movement, we would expect that this is only a correction to previous dynamic declines. A permanent rejection of the currently tested zone could open the way for a re-test of 0.7600. In the short term, therefore, it is worth considering the PUT option on this instrument.
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