Today’s option– PUT on the AUDJPY 27.06.2017

The upturn resulted in the greatest growth since last week. The pair reaches the 85,05 and thus, there are increasing signs of a stronger supply response at the margin. So far the reactions have been much stronger.

Could it be that this level is broken the probability increases that the pair may continue down, at least to 84,36. We should, therefore, consider a put option on this instrument.

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