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 at 1.1654, below the 21-day simple moving average (SMA) and the Murray 7/8 level, and is likely to continue falling in the coming days until it reaches the Murray 6/8 level, located at 1.1586.
The outlook for the euro remains negative for the coming days. The EUR/USD price could remain below 1.1596. If it continues to fall, it is expected to reach the 200-day exponential moving average (EMA) around 1.1555.
On the H4 chart, the instrument is forming a bearish channel from the high of 1.17. If a technical bounce occurs, EUR/USD is likely to face strong resistance at the upper band of the bearish channel, at 1.1665.
Within this bearish channel, the currency pair is expected to continue falling in the coming days until it reaches the Murray 5/8 level. Therefore, we will sell the euro in the coming days as long as it trades below the bearish channel.
*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।
