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 the recent rally, the USDJPY currency pair reached its local resistance at 112.65, where today the first supply reaction has already occurred. Permanent rejection of this zone could open the way to declines. In the short term, therefore, it is worth considering the PUT option on this instrument.
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