During the session today, we should pay attention to the release of British GDP YoY (Quarter 1) at 16:30, business data in Eurozone of May will see light at 17:00, and Canada’s Industrial Product Price Index will see light at 20:30 with US Pending Home Sales Index(monthly) released at 22:00.With certain underlying assets performing actively when data see light, FX77 binary option analyst suggest grasping the opportunity to do short-term trade.
EUR/USD
As the EUR/USD Pair has taken a pullback sentiment, we are buyers of call option on dips. Support is found at 1.0880/1.0830, and resistance at 1.0950/1.0990.
USD/JPY
As the USD/JPY shows a inclination of consolidation, we are considering buying put option on pips. Resistance is found at 124.3/124.8, and support at 123.3/122.80.
GBP/USD
We have interest buying call options on dips since the GBP/USD Pair has consolidated with upward trend. Resistance is found at 1.5400/1.5450, and support at 1.5330/1.5300.
[Tips]
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