Today’s option, 5 October

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 last week’s gains reached the currency pair AUDNZD support around 1.0970, where it is today (as a result of weak data on retail sales from Australia) there was a strong supply response at the margin. Permanent rejection in this area can open the way to further losses. In the short term therefore, it is worth to consider the option PUT on this instrument.

 

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