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.
According to my yesterday’s prediction, in the area of technical resistance created by upper limit of consolidation and downward trend line there was a bearish reaction. As a result of later – lasting since yesterday evening – gains USDJPY reached in the area of local resistance, where we could see first small bearish impulse.
Permanent rejection o this area could open the way to another depreciation. In short term we should consider PUT option on this instrument.
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