European Central Bank kept its interest rate unchanged on the monetary policy meeting yesterday. Eurozone’s inflation has been challenged,which is expected to strike lower in the following month, announced by Draghi from the press conference.
EUR/USD
We prefer buying put options as the EUR/USD continues to trade with bearish trend.
Support:1.0820/1.0780 Resistance:1.0880/1.0900
GBP/USD
Call options can purchased with caution as the GBP/USD is expected to bounce back.
Support:1.4114/1.4000 Resistance:1.4260/1.4335
USD/JPY
We are mainly buyers of call options as the USD/JPY continues to rally.
Support:117.40/117.20 Resistance:118.14/118.33
[Tips]
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