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 US dollar index rose to 102.25 on Wednesday before pulling back. The index is seen to be trading just below 102.00 at this point in writing and looking to push further through 103.20 at least before turning lower again. Bulls will be poised to remain in control in the near term pushing higher up to 103.60.
The US dollar index has carved a lower degree downswing between 104.88 and 101.52 in the past few trading sessions. The above scenario is being worked upon and the price should retrace up to the Fibonacci 0.618 level, which is seen around 103.60. Bears will be inclined to come back in control thereafter dragging towards 99.65 and 97.65 respectively.
The US dollar index has produced a stunning rally between 89.50 and 104.88 in the past several months. The Fibonacci 0.382 retracement of the above is seen around 99.00, which is the minimum expectation. Traders might be preparing to hold short positions and add more around 103.60 levels going forward.
Potential drop through 99.00 and 97.65 against 104.88
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。
InstaSpot分析评论将让您充分了解市场趋势！ 作为InstaSpot的客户，您将获得大量的免费服务以实现有效的交易。
