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!
EURUSD raised through 1.1480 levels on Friday before hitting resistance. The currency pair has also tested resistance trend line and is pulling back towards 1.1350 level going forward. Intraday support is seen around 1.1380-85 mark, which was past resistance. Ideally, the zone should act as support after prices broke higher over the last week.
EURUSD bulls might be looking poised to come back in control around 1.1380 mark and resume higher again. The next potential upside target is seen toward 1.1690, which is also next in-line resistance on the daily chart. A drop below 1.1380, will open the door to rest 1.1350 mark, which is fibonacci 0.618 retracement of the rally between 1.1270 and 1.1480 level respectively (not shown here).
EURUSD structure continues to remain bullish until 1.1270 support is intact. Ideally, only a break below 1.1186 will drag further toward 1.1160 support. Watch out for strong support coming through 1.1380 mark in the near term.
Potential rally from 1.1380 towards 1.1690. Risk is around 1.1185
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।
