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 1.1859 level is the starting point for making trading decisions this week and in the first half of the next. Today's consolidation above this level will allow you to continue to hold purchases that were opened earlier. Any decline can be considered as a correction, as the Bank's recent actions indicate support for the growth of the Euro exchange rate. The formation of a buy pattern should be considered below the level of 1.1859. This will allow you to open a profitable long position. The growth target may be a zone with an upper limit at 1.1986.
Over the past four days, the pair has been growing. This indicates a large number of market buyers who are ready to enter transactions at unfavorable prices. Until the absorption pattern is formed on the daily period, it is unnecessary to talk about the cancellation of the upward momentum.
We will see an alternative option if today's trading closes below yesterday's opening. This will allow us to consider a decline to the lower banking zone, located above the level of 1.1732.
*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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