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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EURUSD has provided a new bullish signal as price has broken above the cloud and the tenkan-sen (red line indicator) has crossed above the kijun-sen (yellow line indicator). A pull back towards the Kumo is justified as a back test. The cloud support is at 1.0366 where we also find the tenkan-sen support (1.0373). The Chikou span has also broken above the candlestick pattern (bullish). The Ichimoku cloud indicator suggests that trend is again bullish in the 4 hour chart. Over the next couple of days we might see price pull back and test the upper cloud boundary. As long as it trades above it, we remain optimistic that EURUSD could form new highs towards 1.06 where we find the 38% Fibonacci retracement of the entire decline from 1.2265.
*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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