The option for today is an analysis cycle for binary options in cooperation with BDSwiss broker. Every day we present the best PUT or CALL options for a selected financial instrument along with its current technical analysis.
AUDUSD has been moving in consolidation since last Tuesday. As a result of growth lasting since Friday we are again in vicinity of its upper band, where today occurred supply reaction. Continuous rejection of this resistance could open the way to declines.
Looking at daily chart, we can see that potential falls could reach even level around 0.7760, which in the past was a strong resistance and now despite being defeated, has not yet been tested from the opposite side (as support). It is therefore worth considering PUT option on this instrument.
BDSwiss, offers 70% return on options. If you win, the greater will be the percentage of your earnings from invested stake. If you lose, regardless of the size of the defeat, you will never lose more than you bet. You can also choose other expiration hours for options, both shorter and longer.