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!
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Trend analysis (Fig. 1).
The EUR/USD currency pair may move upward from the level of 1.0770 (closing of yesterday's daily candle) to test 1.0783, the 14.6% pullback level (red dotted line), and after that, a continued upward movement is possible with a target of 1.0821, the 23.6% pullback level (red dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
General conclusion: Today, the price may move upward from the level of 1.0770 (closing of yesterday's daily candle) to test 1.0783, the 14.6% pullback level (red dotted line), and after that, a continued upward movement is possible with a target of 1.0821, the 23.6% pullback level (red dotted line).
Alternatively, from the level of 1.0770 (closing of yesterday's daily candle), the price may move upward to test the 14.6% pullback level at 1.0783 (red dotted line). From here, a downward movement is possible to 1.0723, the historical support level (blue dotted line). In the case of testing this level, the price may move up.
*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।
