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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This week, work in the downward direction remains a priority. It is enough to keep the price below the opening level of yesterday's trading to continue falling. The first resistance will be the WCZ 1/4 0.7243-0.7239. The test of this zone should be considered for the formation of a sell pattern.
Yesterday's daily candle indicates the interest of major players in selling the Australian dollar from major players.
To form a deeper correction, an increase to the WCZ 1/2 0.7293-0.7284 will be required. The test of this zone will be decisive for the entire downward movement. Within the zone are the most favorable prices for the sale of the instrument, so they must be used to re-enter the sale.
DCZ - control zone. A zone formed by important data from the futures market that changes several times a year.
WCZ - weekly control zone. An area formed by important marks of the futures market, which changes several times a year.
MCZ - monthly control zone. A zone that reflects the average volatility over the past year.
*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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