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.
As a result of yesterday’s steady gains, the EURUSD exchange rate once again reached the local level of resistance (1.1875), where we could see another supply reaction. If this zone will be rejected again, we may expect declines, which potential range is vicinity of yesterday’s minimum and the upward trend line. In the short term, it is therefore worth considering the PUT options on this instrument.
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