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!
Technical outlook:
The US dollar Index might have carved a low around 92.48 level yesterday. The index had dropped through Fibonacci 0.618 retracement of the earlier rally between 91.75 and 94.75 levels respectively before reversing higher again. The end of the day chart has been presented here while spot is seen to be trading around 92.92 level at this point in writing. Immediate support is seen through 91.75 level, while resistance is intact around 94.75 respectively. A push through 94.75 would confirm that a meaningful bottom is in place around 92.47 and that bulls are back in control. They are poised to push through 96.00 and 98.00 levels over the next several weeks. Also note that 98.00 is close to the Fibonacci 0.618 retracement of the earlier drop between 103.00 and 91.75. Bulls are in control until 91.75 lows remain intact.
Trading plan:
Remain long, stop @ 91.75, target @ 96.00 and 98.00.
Good luck!
*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।