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 yesterday’s dynamic declines NZDUSD broke local support at 0.7255, where we have been around for few days. It is noteworthy that from yesterday evening we observed a calm upward correction and support (now resistance) coincides with the 38.2% Fibo correction. Its re-test and rejection could be a signal for 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.