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!
It has been a while since we last looked at USD/JPY as we have been waiting for wave B to develop into a five-wave rally, which now is the case with the test of 135.12 With the five-wave rally now in place and at the same time testing solid resistance at 134.65, we should not expect wave B to move higher and instead set the stage for the next decline in wave C towards at least 121.40 and more likely the equality target between wave A and C at 112.93 before the next impulsive rally should be expected.
In the short term, a break below 133.31 will be a strong indication that wave B has been completed and wave C lower is in progress. A break below support at 131.50 will confirm that wave B has been completed and wave C is unfolding.
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