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 through the 104.87 highs during the early hours of the Asian session on Thursday. The index is seen to be trading close to the 104.70 mark at this point in writing and is expected to resume lower from here. Bears will be poised to hold prices below the 105.52 interim resistance to keep the structure intact.
The US dollar index has carved a larger-degree meaningful upswing between 89.50 and 105.52 since May 2021 as seen on the daily chart displayed here. The index is now working to produce a retracement before resuming its rally above the 105.52 mark. Bears are potentially in the last wave of the proposed corrective drop from the 105.52 highs.
The US dollar index has carved a lower-degree downswing between 105.52 and 103.15 in the last few trading sessions. Furthermore, prices have retraced the above drop through 104.89, which is the Fibonacci 0.618 level of the above drop. Bears will be inclined to come back in control and drag prices through the 99.00 mark going forward.
Potential drop to 99.00 against 106.50
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。
