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!
EUR/JPY could move a bit closer to support at 119.75 before completing wave iii. Then, it is likely to set the stage for a correction in wave iv towards 120.97 and a final dip into the target-zone between 118.85 - 119.24 to complete wave v and C of 2.
In the short term, a break above minor resistance at 120.40 will indicate that wave iii has completed and wave iv is developing towards 120.97.
R3: 120.97
R2: 120.60
R1: 120.40
Pivot: 120.29
S1: 119.90
S2: 119.75
S3: 119.50
Trading recommendation:
We will wait for a buying opportunity at 119.30.
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
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