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!
Technical outlook:
The US dollar index broke above 93.12 and rallied through the 93.65 level before pulling back. The index is seen to be trading around the 93.38 level at this point in writing and is expected to continue pushing higher after a shallow pullback. Immediate resistance is seen at 93.90 followed by 94.75, while support is seen around 92.50 followed by 91.75 respectively. A break above the 93.90/94.00 levels would confirm that bulls are back in control and here to stay for longer. The US dollar index seems to be poised to push towards 96.00 in the next several weeks, provided prices stay above a 91.75 low. Also note that US dollar index had bounced off just below the Fibonacci 0.618 retracement of entire rally between 91.75 and 94.75 respectively. Ideally, prices should push through 96.00 and 98.00.
Trading plan:
Remain long, stop @ 91.75, target @ 96.00.
Good luck!
*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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