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 US dollar index rose through the 105.21 highs on Thursday before finding resistance and pulling over. The index is seen to be trading close to 104.60 at this point in writing and is expected to continue lower towards 99.00. Bears need to hold prices below 105.52 to keep the structure intact.
The US dollar index is correcting/retracing following its larger degree upswing between 89.50 and 105.52. The potential target for support is seen towards the Fibonacci 0.382 retracement of the above rally. Bears are inclined to drag prices lower towards the 99.00 mark. A break below 103.00 will accelerate and confirm a further decline.
The US dollar index has also carved a lower-degree downswing between 105.52 and 103.15 in the last few trading sessions. Prices have further retraced after the above drop to 105.21, which is the Fibonacci 0.786 retracement of the same. The high probability remains for a turn lower towards 99.00 from here.
Potential drop through 99.00 against 106.52
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।
