The current option PUT on EURUSD, 18.10.2017

Today’s option is a analyscykel for binary options performed in cooperation with uTrader. Each day we present the best PUT or CALL options for the selected financial instruments, together with the current technical analysis.

As a result of the ongoing downtrends EURUSD reached the local support at 1.1780. Downs did not last long, but after a slight upward correction was tested the level and was rejected from below (resistance).

We can expect a further reduction. In the short term therefore, it is worth to consider, PUT on this instrument.

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