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 euro is trading around 1.1420, above the 21 SMA, and rebounding after finding strong support around 1.1415.
Technically, the EUR/USD pair could resume its uptrend, and we could expect it to reach the 6/8 Murray level around 1.1475 and eventually reach the 200 EMA around 1.1510.
On the other hand, if in the coming hours the euro consolidates below 1.1435—where resistance has been seen in previous sessions—we could expect it to continue falling below this zone and potentially reach the lower band of the uptrend channel around 1.1392.
A decisive break below the uptrend channel and consolidation below it could lead the euro to reach the strong 5/8 Murray support level around 1.1352.
The Eagle indicator has reached overbought levels, and technically, we could expect the euro to consolidate over the next few days within the range of 1.1440 to 1.1390.
A pullback toward 1.1474 could be viewed as an opportunity to open short positions.
*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।
