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 reversed sharply higher after carving a higher low around 100.85 on Tuesday. The index jumped by almost 70 points and approached closely 101.50 before pulling back. It is seen to be trading around 101.30 at this point in writing and is expected to continue its rally further towards 102.50 and up to 105.50 soon.
The US dollar index is on its way to completing the larger-degree Down Gartley corrective rally towards 105.50 and 106.50 respectively. It is now developing its last-leg rally against the 100.34 low, so a break above 103.00 will confirm that the bulls are back in control to push further. Also, note that the potential for the above rally remains up to the 108.00-109.00 zone before the pattern could complete.
The US dollar index remains well supported around 101.00 and a drop there will find the bulls coming back into play. Earlier, the index found support at the Fibonacci 0.618 retracement of the lower-degree upswing (100.34 through 101.80) and bounced higher as seen on the 4H chart. Ideally, prices should now stay above 100.34.
A potential rally against 100.00
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।
