Please can I get help in which better way to hedge using the following rates?

Table 5: France: Exchange rate hedges compared:

	Forward rate	Money market hedge locked in exchange rate	Option hedge breakeven exchange rate
$/	$ 1.15354/	$1.15402/	$ 1.15185/

From the table above, which hedging technique should be applied? Justify your answer and please mention whether it is long or short.