Option for today is an analysis series 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.
As a result of last week’s losses EURAUD broke local support yesterday, which was re-tested than as a resistance. In such situation has been created a bearish sequence of lower highs and lower lows.
It seems that in near future we can expect continuation of declines. In short term, therefore, it is 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.