The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
EUR/JPY moved to a low of 119.59 or just below the 61.8% corrective target. At 119.59, EUR/JPY met the support line of the pitchfork and this should be enough to turn the pair higher again. We were disipointed the last time we looked for a turn higher. So we would like to see minor resistance at 120.03. It is even more important to see that resistance at 120.54 is broken before we raise our expectations for a new impulsive rally.
In other words, we continue to believe that the potentiel downside movement from here would be very limited.
R3: 120.87
R2: 120.54
S1: 120.03
Pivot: 119.92
S1: 119.70
S2: 119.59
S3: 119.42
Trading recommendation:
We are long on EUR from 119.95 with our stop at 118.95
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
