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!
The EUR/USD pair continues to move upwards from the level of 1.1232. Today, the first support level is currently seen at 1.1232, the price is moving in a bullish channel now.
Furthermore, the price has been set above the strong support at the level of 1.1232, which coincides with the daily support. This support has been rejected several times confirming the veracity of an uptrend this week.
According to the previous events, we expect the EUR/USD pair to trade between 1.1232 and 1.1383.
So, the support stands at 1.1232, while daily resistance is found at 1.1340. Therefore, the market is likely to show signs of a bullish trend around the spot of 1.1284.
In other words, buy orders are recommended above the spot of 1.1284 with the first target at the level of 1.1340; and continue towards 1.1383.
On the other hand, if the EUR/USD pair fails to break through the resistance level of 1.1232 today, the market will decline further to 1.1186.
*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।
